Page 105 - bneIntelliNews monthly country report Russia May 2024

9.0 Industry & Sectors 9.1 Sector news
9.1.1a Oil & gas sector results 9.1.1b Oil sector news
● Production
The Armed Forces of Ukraine launched 23 attacks on Russian oil refineries and storage facilities between mid-January and mid-March. In nine of those cases, the targets belonged to Russia’s largest oil company, Rosneft. Two facilities were hit twice: an oil depot in the southwestern Kursk region and the Petersburg Oil Terminal in Russia’s second city.
Russia has been able to swiftly repair some of key oil refineries hit by Ukrainian drones, reducing capacity idled by the attacks to about 10% from almost 14% at the end of March, Reuters calculations showed. Russia is repairing its refineries fast, despite difficulties in obtaining Western know-how. That includes Rosneft-owned Ryazan plant, which put back he CDU-4 and main CDU-6 primary oil refining units into operation, as well as Kuibyshev refinery repairing CDU-4 and Syzran's CDU-5 and previously idled for maintenance CDU-6. According to Reuters calculations, total Russian primary oil refining capacity, idled by drones, was reduced to 90,500 metric tonnes per day (660,000 barrels per day) from around 123,800 tonnes per day (907,000 bpd) previously. However, in total, Russia's cumulative primary oil refining capacity, put offline due to various outages and maintenances, is expected at 4.4mn tonnes in April, up from 4.1mn tonnes in March.
105 RUSSIA Country Report May 2024 www.intellinews.com