Trafigura awaits growth in Russian oil products yield by 13-15 million tons a year in 2013-2014
Edited by Rhod Mackenzie / 2013-10-29 11:13:43
Oil and Gas Russia Russia Oil and Gas BP-TNK Gunvor Oil Production and Refining Rosneft Trafigura Vitol
The international trading company Trafigura awaits the growth in Russian oil products yield by 13-15 million tons a year in 2013-2014, the President of Trafigura Eurasia, J. Kollek says at the conference Global Energy Intelligence Day in Moscow. Thus, within 2 years, oil refining will increase by 9%, oil supplies via the Russian transporting pipelines will increase by 19%, oil production in Russia will increase by 3%, and reserves will increase by 1%.
He emphasizes that the Russian ports use their transshipment capacities by only 75% , and Transneft export capacities are used by only 80%.