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REFINING
Russian oil processing rose to around 5.7mbpd in the week to 13 December, up by around 368kbpd from the first six days of the month according to a person with knowledge of the matter.
- Russian crude processing in the first 13 days of December averaged 5.53mbpd, up some 16kbpd compared with data from most of November, according to Bloomberg calculations.
- The increase was driven by higher runs at Rosneft’s Tuapse refinery in southern Russia’s Krasnodar region, the person said.
- Higher processing rates at the Afipsky and Ilsky plants, also in the Krasnodar region, as well as at Lukoil PJSC’s Volgograd facility, contributed to the weekly growth in runs, the person said.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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