Former Soviet refineries face modernization, restructuring

Journal Article · Mon Nov 29 04:00:00 EST 1993 · Oil and Gas Journal; (United States)

OSTI ID:5864955

A massive modernization and restructuring program is under way in the refining sector of Russia and other former Soviet republics. Economic reforms and resulting economic dislocation following the collapse of the Soviet Union has left refineries in the region grappling with a steep decline and changes in product demand. At the same time, rising oil prices and an aging, dilapidated infrastructure promise a massive shakeout. Even as many refineries in the former Soviet Union (FSU) face possible closure because they are running at a fraction of capacity, a host of revamps, expansions, and grass roots refineries are planned or under way. The paper discusses plans.

• OSTI ID: 5864955
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:48; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CAPACITY
EASTERN EUROPE
ECONOMICS
EUROPE
EXPORTS
FINANCING
INDUSTRIAL PLANTS
MARKET
MODIFICATIONS
ORGANIZING
PETROLEUM REFINERIES
PLANNING
RUSSIAN FEDERATION
TRADE