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Volgograd Refinery Delays Unit Return to 22 Feb

REFINING

Lukoil’s Volgograd refinery delayed the return at its damaged primary processing unit until 22 February, from 17 February previously scheduled, following a drone attack earlier this month, Mikhail Turukalov, an oil-products analyst, said in a research note, cited by Bloomberg.

  • The fire affected a pipeline at the unit on 3 February, the facility said in a statement.
  • The refinery reduced its average daily crude processing rate to 35.7k tons, or some 261k barrels, on 1-6 February, compared with the average of 39.4k tons in January, Turukalov said earlier this month.
  • Oil processing rates in Russia’s refineries fell by over 151kb/d to the lowest in four months at 5.26mb/d according to Bloomberg sources.
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