Refining

Head of State Duma’s Budget Committee estimates customs subsidies for refineries at 11 trln

Russian refineries don’t allocate enough funds for modernization compared to the so-called customs subsidy provided to them.

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Ufaorgsintez plans to allocate more than 2 billion rubles for its development during the year

Ufaorgsintez, a petrochemical asset of Bashneft, plans to invest over 2 billion rubles in its development during the year, the company's annual report says.

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Gazprom Neftekhim Salavat stops polyethylene production for planned repair from July 1

Gazprom Neftekhim Salavat has stopped production capacity of polyethylene for scheduled repairs, the Market Report informs.

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A new acceptance point to be built on the territory of the Afip Oil Refinery.

Glavgosexpertiza of Russia has considered the construction project on the territory of the Afip Oil Refinery of the acceptance point.

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Output of petrol and diesel fuel in Russia grows

In the first six months of 2018, petrol production in Russia increased by 2.2% compared to the figure of 2017 and reached the level of 19.2 million tons.

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Belarus estimates consequences of tax maneuver in Russian oil industry

Belarus has considered consequences of Russia's tax maneuver in the oil industry to be sensitive, it will focus on accelerating modernization of refineries to reduce its effect, but will not be

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Independent filling stations lose a third of their clients

Independent filling stations have lost about 30% of their customers because of increase in gasoline prices.

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TAIF increases export of petrol due to launch of new enterprise

TAIF supplied abroad excess fuel, which appeared in connection with launch of a new complex. The company believes that this could not affect Russian prices, the RBC reports.

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Saratov refinery to increase taking of vacuum gas oil to 96%

In 2018, the Saratov refinery of Rosneft plans to invest 2.064 billion rubles in its development, as it follows from the materials prepared for the annual meeting of shareholders.

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The prices for suspended PVC of Russian production to grow by 2 thousand in July.

The cost of suspended polyvinyl chloride (PVC-S) will increase by an average of 2 thousand roubles per ton in July.

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