South Korea’s SK Energy increases gasoline, gasoil output in H1 ahead of IMO 2020 rule

S&P Global Platts | Aug 19, 2019 at 4:28 AM
  • South Korea’s top refiner SK Energy has increased production of gasoline and gasoil in the first half of the year on solid local demand, while reducing output of fuel oil, a company official said Monday.
  • South Korea’s gasoil demand climbed 4.1% year on year to 85.57 million barrels in H1, while gasoline consumption also rose 4.1% year on year to 40.61 million barrels in the period.
  • SK Energy’s affiliate SK Incheon Petrochem also produced 6.85 million barrels of gasoil and 2.11 million barrels of gasoline in H1, down from 7.41 million barrels of gasoil and 2.21 million barrels of gasoline a year earlier.