Former Soviet Union's refining sector faces big shakeout
The crisis gripping the refining sector in the former Soviet Union (FSU) is deepening as that industry faces massive rationalization and restructuring. Refinery runs in FSU republics have been on the decline for a number of years. Peak throughput occurred in 1987 at 9.69 million b/d. In Russia, however, the peak came in 1980 at 6.5 million b/d. Given current operable refining capacity in the FSU, now down to about 9.27 million b/d distributed among 48 refineries, capacity utilization will average only about 65% this year. The paper discusses worsening conditions, a comparison of the FSU declines, the financial crisis, energy consumption, and the focus of FSU refineries on secondary capacity to upgrade the product mix.
- OSTI ID:
- 5753933
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:47; ISSN OIGJAV; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CAPACITY
EASTERN EUROPE
ECONOMICS
ENERGY CONSUMPTION
EUROPE
INDUSTRIAL PLANTS
MODIFICATIONS
ORGANIZING
PETROLEUM REFINERIES
PLANNING
RUSSIAN FEDERATION