Production and Refining

Investments in construction of ZapSibNeftekhim exceed 280 billion rubles

The total amount of participation of Russian suppliers in the construction of SIBUR's ZapSibNeftekhim (ZSNH) exceeded 280 billion rubles, the press service of the Ministry of Economic Developme

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Energy Ministry: Prime cost of a barrel of oil in Russia is $25

Prime cost of oil production in Russia, taking into account transportation, is $25 per barrel. This was stated by Deputy Minister of Energy Pavel Sorokin.

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Placement of Sibur’s shares may take place after launch of Zapsibneftekhim

It doesn’t make sense to conduct IPO of Sibur, which has been discussed for over ten years, taking into account acceleration of launch of the company’s key project Zapsibneftekhim, the

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Total progress of works on Amur gas processing plant construction is 30%

In January 2019, readiness of Amur gas processing plant of Gazprom was 30%, the press centre of NIPIGAZ reported.

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In 2018, Kyrgyzstan increased output of petroleum products by 8.9%

Volume of production of coke and refined petroleum products in Kyrgyzstan in January-December 2018 increased by almost 9%, the mass media reported.

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Syzran refinery increases annual volume of oil processing by 16%

According to preliminary results, in 2018 the Syzran refinery processed more than 6.9 million tons of oil, which is by 16% more than in the previous year.

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Uzbekistan wants to buy up to 5 mln tons of oil from Kazakhstan and Russia

Uzbekistan has been interested in oil supplies from Kazakhstan and Russia in the amount of up to 5 million tons per year.

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In January, petrol production in Azerbaijan fell by 3%, diesel fuel – by 0.4%

In January 2019, the production of petroleum products in Azerbaijan decreased by 5.6% compared to January last year to 216.8 million manats, the Interfax-Azerbaijan Agency was informed by the State

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In January, Azerbaijan export petroleum products for $20 mln

In January 2019, declared export of petroleum products from Azerbaijan amounted to 40.246 thousand tons, the Interfax-Azerbaijan agency was informed by the State Customs Committee.

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In 2018, Belarus reduced export of petroleum products by 3%, export of oil grew by 1.2%

In 2018, Belarus exported 11.93 million tons of petroleum products, which is by 3.1% less than in 2017, it follows from the Belarusian Statistics Service’s materials.

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