Processing

Petrochemical plants in Russia bought almost 3 million tons of LPG in January-October

In January-October 2019, production of liquefied petroleum gases (LPG) in Russia decreased to 12 million tons, the Argus agency reports, citing data from the Energy Ministry of the Russian Federati

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Gazpromneft is ready to ship low sulfur marine fuel to Russian market from 2020

Gazpromneft intends to supply to the Russian market up to 1.6 million tons of marine fuel with a sulfur content of less than 0.5%, which fully meets new requirements of MARPOL.

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SOCAR Trading to deliver 5 million barrels of Azeri Light to Vietnam's Dung Quat refinery in the first half of 2020

SOCAR Trading (trading subsidiary of SOCAR) will supply 5 million barrels of Azeri Light oil to Vietnam in the first six months of 2020, the Vietnamese oil and gas group (Petrovietnam) reported.

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Tatneft group increased oil production by 1.5% in the first 11 months

Tatneft group’s enterprises produced 2 419 thousand tons of oil in November and 27 271 thousand tons of oil in the first eleven months, which is by 411 thousand tons more than in 2018 (+1.5%)

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Tatneft plans to invest almost 39 billion rubles in development of TANECO in 2020

Tatneft plans to invest more than 38 billion rubles in development of TANECO's refining and petrochemical complex in 2020, as it follows from the company's financial statements.

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Russia Gas Chemistry Sector to thrive in the future

The White House has decided on measures to support the petrochemical industry; the corresponding bill should be submitted to the government before December 6.

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TANECO is preparing to produce import-substituting catalysts for Arctic diesel fuels and oils

The Nizhnekamsk Oil Refinery Tatneft, TANECO, intends to launch production of domestic catalysts for producing winter and Arctic grades of diesel fuel.

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Russia reduced petrol production by 3.1% in November

In November 2019, petrol production in Russia decreased by 3.1% compared to the same period last year to 3.28 million tons.

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The first stage of Amur gas processing plant is 68% completed

Progress of construction works at the site of Gazprom’s Amur gas processing plant amounted to 51% as of November, the press centre of Gazprom Pererabotka Blagoveshchensk reported.

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Belarusian refineries to lose $320 million in 2019

Andrei Bunakov, deputy head of Belneftekhim, has stated that by the end of 2019 Belarusian oil refineries will lose $320 million because of tax maneuver in Russia.

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