• The facilities at the Mongstad complex in western Norway have been operational since the mid-1970s, and comprise a refinery, the Vestprosess NGL fractionation plant and a crude oil terminal.Located north of Bergen, the refinery is the largest in Norway and has an annual capacity of 10 million tonnes of crude oil.The crude oil terminal plays an important role in Norwegian exports of this commodity to customers in North America, Europe and Asia. Carl Martin Nordby/Aftenposten

Statoil considers Mongstad closure

Huge annual losses.