Gazprom Neft stable oil refining despite sanctions
2022.12.08 06:53
Gazprom Neft stable oil refining despite sanctions
Budrigannews.com – (MCX:) Gazprom A company manager stated that Neft, the oil arm of Russian gas giant Gazprom, intends to maintain its oil refining capacity of approximately 41 million tonnes next year as the company moves forward with modernizing its outdated refineries.
The Russian oil industry’s resilience in the face of the harshest Western sanctions in recent history is demonstrated by the steady output at Gazprom Neft, which oversees Russia’s largest oil refinery in the western Siberian city of Omsk.
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Russian oil refineries, many of which were built by the Soviet Union, have undergone extensive modernization to meet ecological and technological requirements and improve fuel quality.
The Omsk plant, 1,600 kilometers east of Moscow and Russia’s largest oil refinery, operates at 400,000 barrels per day (bpd).
In comments that were approved for publication on Thursday, Gazprom Neft’s chief of oil and gas refining, Oleg Vedernikov, stated to reporters that the company intends to maintain its current level of oil processing for the upcoming year while considering increasing fuel output.
He stated that refinery volumes in Moscow and Omsk increased by 3.5 percent over the previous year from January to September 2022.
According to Omsk refinery director Oleg Belyavsky, the facility has reduced its “environmental impact” by 40% since 2008. By 2025, it intends to further reduce it by 25%.
Following the introduction of a deep oil refining complex earlier this year, he stated that the company continues to modernize the plant. Gazprom Neft intends to construct a primary refining complex with a yearly capacity of 8.4 million tonnes at the plant in the coming year.
Vedernikov claims that the Omsk refinery is also working on making needle coke. In 2024, the project is expected to begin operation.
The primary raw material for the electrodes is needle coke. According to the manufacturers, the process of turning the coke into graphite through baking and rebaking can take up to six months.
