*Collective output from Israel’s two refineries edged up 1% to 287,500 b/d for 2023, a post-pandemic high despite Q4 throughputs slumping following Hamas’ 7 October attack on Israel and the subsequent war in Gaza.

*Both refineries are located on the Mediterranean: the 197,000 b/d capacity Bazan (ORL) refinery at Haifa in the north and the 100,000 b/d Ashdod Refinery 110km further south. (CONTINUED - 1060 WORDS)