Marathon Petroleum has indefinitely idled its 161,000 BPD Martinez refinery in California, US, and will convert it into an oil terminal facility.
The company has also indefinitely idled idled its 26,000 BPD Gallup refinery in New Mexico, US, and says it has no plans to restart either. The company has not given a specific reason for the decision, but said in its Q2 results released on 3 August 2020 that it had seen ‘historic lows’ in demand in April, and that demand for its products and services remains low.
The Martinez refinery employs around 740 staff and the Gallup refinery around 220, and Marathon says that sue to the idling, most of the jobs will no longer be necessary, and it will begin reducing staffing levels in October.
‘We are also evaluating the strategic repositioning of Martinez to a renewable diesel facility, which aligns with California’s Low Carbon Fuel Standards objectives and [Marathon]’s greenhouse gas reduction targets,’ the company adds in the statement on its website.