Page 2 - Platts Dec News Today

New and revised entries ** Ukraines second-largest producer of gasoline and diesel fuel, Shebelinka GPP, which operates under the Shebel brand name, completed scheduled maintenance in April, the company said. This is the first time the refinery has conducted maintenance and has continued to produce gasoline and diesel fuel. The refinery decided not to shut down operations during the maintenance work due to concerns of looming shortages of diesel fuel in the country. The refinery managed to prod...

** Russias Achinsk refinery is planning works in July. ** Russias Surgut gas condensate processing plant is expected to starts works in July for about three weeks. It typically carries out works around July-August. ** Russias Salavat refinery is currently carrying out partial works. The works involve cleaning and inspecting six units. ** Uzbekistans Bukhara has completed its planned maintenance, which was due to last ten days. The refinery has been restarting since April 16 following works, whi...

** Lukoil’s Volgograd is planning works from March and Perm in April. ** Works are planned for the Rosneft’s Novoil refinery in March. ** Rosneft’s Novokuybishev, Komsomolsk, Ufa and Ryazan refineries also plan works from April. Existing entries ** Russia’s Angarsk refinery has stopped diesel sales on the St. Petersburg exchange due to planned works, according to market sources. The duration was not specified. The company was not available to comment. ** Russia’s Orsk refinery plans t...

REFINERY NEWS ROUNDUP: Mixed prospects for Russian Feb runs While smaller and medium-sized refineries are expected to keep runs low in February on poor economics, oil majors have been asked to ramp up runs at the country’s bigger refineries to secure sufficient gasoline stock accumulation by May 1. However, prospects for bigger refineries increasing runs imminently look dim as economics remain unfavorable. Spot prices for Russian crude oil for domestic loading and delivery by pipeline in Febr...

REFINERY NEWS ROUNDUP: Russian Feb runs likely to remain lower Russian refineries are expected to maintain lower throughput in February as economics remain unfavorable, with throughputs potentially set to start increasing in March as products demand rises, according to market sources. Meanwhile, as international prices have firmed, refineries in southern Russia have been ramping up gasoil exports by shipping product previously accumulated in stocks. Separately, Gazprom Neft’s Moscow refinery ...

REFINERY NEWS ROUNDUP: Russian plants reduce runs in January Russian refineries are expected to reduce throughput in January on poor economics and also fewer working days due to the New Year holidays, with more pronounced cuts anticipated at smaller and medium-sized refineries that are predominantly export-oriented. Some of them will process from stocks or run in “hot circulation mode”, according to sources. Bigger refineries that cover domestic demand are also likely to reduce runs, but to...

REFINERY NEWS ROUNDUP: Some maintenance ends in Europe, TAL shipments resume Some maintenance has finished in Europe with refineries restarting but temporary closures remain in force at a number of plants, both full and partial. The International Energy Agency expects improved oil products demand next year to result in 500,000 b/d higher throughput at European refiners after a 1.5 million b/d decline in 2020, with runs expected to remain below Q3 2020 levels until Q3 2021. Separately, the Trans...

China May Ease Entry Of Imported Coal To Bring Down Higher Domestic Prices China may open up its borders to seaborne coal and set price ceiling for Chinese coal in an attempt to cool domestic coal prices, according to a meeting note seen by S&P Global Platts Dec. 15 that took place between China’s National Development and Reform Commission, or NDRC and eight state-owned Chinese utilities on Dec. 12. NDRC was in discussion with Zhengzhou Commodities Exchange to implement measures to limit exce...

Kuwait’s KPC lowers January crude OSPs to US, Europe; raises prices to Asia Kuwait Petroleum Corp. lowered its January official selling prices for crude bound for the United States and Europe, while it raised prices of barrels headed Asia, according to a notice seen by S&P Global Platts Dec. 10. KPC decreased its Kuwait Export Crude delivered to USGC by 30 cents/b to a $1.40/b premium to the Argus Sour Crude Index, or ASCI. The FOB KEC to the US also was lowered by 30 cents/b to ASCI plus 10 ...