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Russian Norsi Refinery Works May Take Over One Month

REFINING

Repair works at Lukoil’s Norsi refinery are expected to last at least one month but the assessment is ongoing, Russian Deputy Prime Minister Alexander Novak said, cited by Bloomberg.

  • Lukoil has yet to estimate the length of the repair works, Novak said cited by Tass. However, Novak said it is expected to take at least a month.
  • The Norsi facility in Russia’s Volga region had to reduce gasoline output after its catalytic cracking unit was damaged earlier this month.
  • Russia’s crude processing volumes declined this month due to lower output from the refinery.
  • The nation processed 5.5mbpd from 11-17 January, down around 11kbpd from the first ten days January, according to a person with knowledge of industry data, and 38kbpd lower than volumes through most of December according to Bloomberg.
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