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Russian Diesel, Gasoline Output Falls on Refinery Outages

OIL PRODUCTS

Russian refiners reduced gasoline production in the last week of March by 12% versus the February average, while diesel production stood 3.5% below the February average, Rosstat data showed, due to the damage in refineries after Ukrainian drone attack, Kommersant reported.

  • Gasoline output stood at 110.700 tons per day in the last week of March and diesel production declined to 231,000tons per day.
  • The domestic market has not yet noticed a shortage of gasoline due to the consumption of reserves, as well as a sharp increase in imports from Belarus.
  • Russia’s Energy Minister Nikolai Shulginov said on Wednesday that several refineries will be down for repairs in April-May and potential early June with all refineries that were damaged brought being back to service by June.
  • The AVT-4 has already been restarted at the Ryazan oil refinery. The launch of AVT-6 was expected on April 3, but Kommersant has not yet been able to confirm the information.
  • The Kuibyshev Refinery will be recommissioned at around 8 May, while the AVT-6 of the Syzran Refinery may require the longest repair with the expected commissioning date around 14 June. The refiner is also trying to recommission the idled AVT-5 unit that has been offline since last summer.
  • The commissioning of the AVT-6 unit at the Nizhny Novgorod refinery was planned for the end of March, but there are no confirmed reports of a restart yet.

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