Refiners will focus more of their investment capital on crude distillation units and less on desulfurization over the next four years, a Wood Mackenzie representative said today. Via Hydrocarbon Processing, Wood Mackenzie’s Afolabi Ogunnaike said at the Energy Construction Forum government policy changes resulted in a focus on investments in desulfurization and cracking projects from 2010 to 2014. Going forward, discounts on domestic crude relative to foreign oil will shrink, putting the onus on refiners to get more flexibility out of the crudes they process.
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