Spain's Repsol and Cepsa have reduced refinery production in the face of sharply lower fuels demand caused by measures to control the coronavirus pandemic.
Spain declared a two-week state of emergency from 16 March, which it has successively extended while tightening measures on non-essential travel and economic activity. The lockdown will not be lifted until 26 April at the earliest.
Cepsa has no plans to halt production from its Algeciras or Huelva refineries and is producing enough to meet the demands of all of its clients.
Repsol said it is "adjusting production according to demand" and keeping its five refineries on stream. It has nearly 900,000 b/d of crude distillation capacity.
Maintenance work at Repsol's La Coruna refinery is still underway, but progressing "normally", the firm said. It said work schedules have had to be adjusted to avoid any risk of contagion among workers.
Spanish products demand is likely to drop sharply. Fuels logistics company CLH said its deliveries of road fuels fell by more than a quarter year on year in March, and its kerosine deliveries fell by more than a third.
