July oil imports fall in Taiwan after latest fire at Formosa

09-Aug-11
A 27% fall in July crude oil imports was seen in Taiwan, which imports over 99% of its crude oil needs. This fall can be attributed to reduced processing capacity caused by a fire at end of July, and subsequent shutdown at Formosa. Shipments slipped to 27.2 mln barrels last month.
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Large capacity chemical storage tanks

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