Russia's June Idle Oil Refining Capacity Raised by 114%
06.18.2024 By Tank Terminals - NEWS

June 18, 2024 [Hydrocarbon Processing]- Russia’s primary offline oil refining capacity has been raised by 114% from the previous plan to 4.1 million metric tons for June mainly to due to last-month stoppages at the Tuapse and Komsomoslk plants, Reuter’s calculations show.

 

In May, idle capacity stood at 3.8 MMt.

The Russian oil refining industry has been targeted by Ukrainian drone attacks. Technical outages have also contributed to idle capacity.

Russia and Ukraine have both used drones to strike critical infrastructure, military installations and troop concentrations in their more than 2-yr conflict, with Kyiv hitting Russian refineries and energy facilities in recent months.

According to the current plan, which is likely be revised upward, the offline refining capacity in July is seen declining to 1.8 MMt, according to Reuters calculations based on data from industry sources.

Russia’s January–June cumulative oil refining capacity has reached 21.1 MMt, up from 15.4 MMt in the same period in 2023, the calculations showed.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

NextChem (MAIRE) Awarded the Licensing and Process Design Package for a Sustainable Aviation Fuel (SAF) Project Based on its Proprietary NX PTU™ and NX SAF™ BIO Technologies in Indonesia
12.20.2024 - NEWS
December 20, 2024 [Maire Group]- MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technol... Read More
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. crude oil exports to northwest Europe are likely to slip early ... Read More
Energy Transfer's Unit Signs LNG Agreement with Chevron
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. pipeline operator Energy Transfer said on Thursday its unit has... Read More
Kinder Morgan's Unit to Go Ahead with $1.4 bln Mississippi Crossing Project
12.20.2024 - NEWS
December 20, 2024 [Reuters]- Kinder Morgan said on Thursday its unit Tennessee Gas Pipeline will ... Read More