Achinsk Refinery News

Achinsk Oil refinery, suspended after the incident of June 15, 2014 has recovered the processes of primary crude oil processing on a tight schedule, according to the plan of repair activities. From the 1st of September the enterprise has commenced production of the main types of oil products: straight-run gasoline, diesel fuel, marine fuel and aviation fuel, as well as WLHF (wide light hydrocarbon fraction). Concurrently with the primary crude processing plant a VT-Bitumen unit, producing petroleum bitumen, resumed to operating. Achinsk refinery is planned to produce more than 400 thousand tons of finished product, which makes more than 70% of prefault performance. The production volume will be increased in months to come.

Russia's top oil producer Rosneft has issued tenders to sell 876,000 tonnes of vacuum gasoil (VGO) out of the Baltic Sea and the Black Sea between July and December, traders said on Tuesday. One tender calls for bids to buy up to 540,000 tonnes of VGO from Rosneft's Ryazan and Novokuybishevsk refineries on a free-on-board (FOB) basis from the Baltic Sea. A second tender invites bids for up to 336,000 tonnes of VGO from the Achinsk refinery on FOB basis Black Sea and Baltic Sea. Both tenders are for delivery between July and December 2014. The tenders close on May 26 at 2000 Moscow time.