Taiwan imported 15.86 million barrels of crude oil in September, down 36.2% on year and also down 54.1% on month on weak demand and maintenance at local refineries, the country's Bureau of Energy said in a report Friday. September's crude oil imports were the lowest since December 2002's 15.64 million barrels, according to data from the bureau.
The country's two refiners - CPC Corp. and Formosa Petrochemical Corp. (6505.TW) - refined a combined 3.73 million kiloliters of oil in September, down 17.9% from 4.54 million kiloliters in the same month a year earlier, the bureau said. Their refinery utilization rate fell to 62.04% in September from 72.64%, it said.
The country's two refiners - CPC Corp. and Formosa Petrochemical Corp. (6505.TW) - refined a combined 3.73 million kiloliters of oil in September, down 17.9% from 4.54 million kiloliters in the same month a year earlier, the bureau said. Their refinery utilization rate fell to 62.04% in September from 72.64%, it said.
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