The Ministry of Energy promised to prevent fuel shortages due to the accident at the LUKOIL refinery
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In Russia, there was a decrease in the production of motor gasoline due to an accident at the Nizhegorodnefteorgsintez LUKOIL oil refinery. The needs of the domestic market will be met by reducing exports and reorienting the resources of market participants, she said press service Ministry of Energy of the Russian Federation.
The report notes that in order to develop measures for the uninterrupted supply of fuel to the domestic market during the period of repairs at the refinery, an operational headquarters was formed, which included representatives of the department and Russian oil companies. The production of gasoline at Russian enterprises fully satisfies all the needs of the Russian market; inventories amount to almost 2 million tons, the department assured.
LLC LUKOIL-Nizhegorodnefteorgsintez is a subsidiary of PJSC LUKOIL, one of the largest Russian oil refineries with an installed refining capacity of 17 million tons of oil per year. In 2002–2014, it carried out a large-scale modernization of production, investing more than 100 billion rubles. investments. It produces over 50 types of products: automobile, aviation and diesel fuels, petroleum bitumen and other petroleum products.
January 12 at LUKOIL reportedthat one of the two key catalytic cracking units for gasoline production at the Nizhny Novgorod refinery has failed. According to Kommersant’s interlocutors, the plant’s operation was stopped on January 4 due to the breakdown of foreign compressor equipment, which cannot be replaced in the near future due to Western sanctions. Kommersant’s interlocutors claim that LUKOIL will strive to complete repairs at this installation by spring.
Read more in the Kommersant article. “LUKOIL is cracking”.
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