May 30, 2024 13:45 GMT
Tuapse Refinery Likely Idle Until Mid-June
REFINING
Rosneft’s 240,000 bpd Tuapse based refinery may remain idle until mid-June despite being repaired following a recent drone attack on May 17 targeting its CDU according to Reuters sources.
- It remains idled due to low profitability they said.
- "It's not profitable to refine oil. It's not interesting to ship products. At the moment, it's more efficient to export crude," a source said to Reuters.
- The Tuapse plant produces naphtha, fuel oil, vacuum gasoil and high-sulphur diesel, mainly supplying Turkey, China, Malaysia and Singapore.
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