Production and Refining

A. Novak. The Ministry of Finance and the Ministry of Energy settle disagreements over the tax maneuver.

The Ministry of Finance and the Ministry of Energy settled disagreements on the draft law on tax maneuver in the oil industry.

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Gazpromneft-Aero concludes contracts for supply of 100 thousand tons of jet fuel

The operator of the Gazpromneft’s aviation business has signed contracts for the supply of more than 100 thousand tons of aviation fuel with Air China, Hong Kong Airlines and Air France KLM,

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Ukraine and Azerbaijan discuss supply of oil to Ukrainian and European refineries

Ukraine and Azerbaijan discussed the supply of oil from Azerbaijan to the Ukrainian and European refineries.

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By 2020, petrol production in Russia to be 41.4 mln tons, diesel fuel – 90 mln tons

By 2020, production of petrol in Russia will increase to 41.4 million tons, diesel fuel - to 90 million tons, the mass media reported.

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Russian Government may support oil companies after request of Rosneft’s head

The Ministry of Finance has made changes to the draft law on tax maneuver in the oil industry.

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The polypropylene production in Russia decreases by 0.4% in January-May.

In January-May the total volume of polypropylene (PP) production in Russia decreased by 0.4% and amounted to 589.4 thousand tons compared to the same period of 2017.

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Orsk refinery to put hydrocracking facility into operation in July

The Orsk refinery, which is part of Mikhail Gutseriev's SAFMAR, has started the test launch of the hydrocracking complex. The facility is scheduled to start in July, the company said.

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In January-May, production of low-pressure polyethylene in Russia grew by over 2%

In the first five months of this year, domestic enterprises increased production of low-pressure polyethylene by more than 2%.

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In May 2018, Grodno Azot increased output of commercial products by 17.8%

In May 2018, Grodno Azot (Republic of Belarus) increased its commercial products output by 17.8%. The company significantly increased the production of polyamides, the report says.

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Total investments in upgrade of Orsk refinery to reach 64 billion rubles

The volume of investments in the modernization of the Orsk refinery (part of Mikhail Gutseriev's SAFMAR) will be 64 billion rubles, the governor of the Orenburg region Yuri Berg, said.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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