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REFINING: Russia's Tuapse Refinery Halts Operations

REFINING
BulletEnergy BulletsCommodities

Rosneft’s 240,000 bpd Tuapse refinery in Russia halted processing from October 1 due to low margins, sources told Reuters.

  • The shutdown of the Tuapse refinery means Russian oil product exports from the Black Sea port of Tuapse are set to fall in October by 69% m/m to 0.312 million metric tons the sources said.
  • The duration of the shutdown is unclear but appears to be for at least October.
  • The refinery produces naphtha, fuel oil, vacuum gasoil and high-sulphur diesel – mainly for Turkey, China, Malaysia and Singapore.
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Rosneft’s 240,000 bpd Tuapse refinery in Russia halted processing from October 1 due to low margins, sources told Reuters.

  • The shutdown of the Tuapse refinery means Russian oil product exports from the Black Sea port of Tuapse are set to fall in October by 69% m/m to 0.312 million metric tons the sources said.
  • The duration of the shutdown is unclear but appears to be for at least October.
  • The refinery produces naphtha, fuel oil, vacuum gasoil and high-sulphur diesel – mainly for Turkey, China, Malaysia and Singapore.