Australian Ampol may shut oil refinery despite national security push

Australian Ampol may shut oil refinery despite national security push
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09.10.2020

MOSCOW (MRC) -- Ampol Ltd is considering closing its Lytton oil refinery, one of Australia's four refineries, as it has racked up big losses because of a coronavirus-driven slump in fuel demand and competition from huge Asian plants, reported Reuters.Ampol, formerly known as Caltex Australia, may close Lytton despite a recent offer from the Australian government of incentives worth AD2.3

Full article at mrcplast.com

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