Gazprom Neft expect oil refining to hit record 41 mln tns in 2022

MOSCOW, Sep 8 (PRIME) -- Russian oil company Gazprom Neft plans to raise its oil refining by 7% in 2022 as compared with the pre-pandemic year of 2019 to a record of more than 41 million tonnes, Oleg Vedernikov, director of the company’s oil and gas refining directorate, told reporters on Thursday.

“In 2022, we plan to reach a record amount of refining at the Russian refineries of the company of more than 41 million tonnes. It is a 7% increase as compared with the pre-pandemic year of 2019. The growth necessary for the market will be ensured by upgrade projects, including the Euro+ facility of the Moscow refinery and the deep refining unit of the Omsk refinery,” he said.

In January–June 2022, oil refining at Gazprom Neft grew by 3% on the year, he said without disclosing absolute figures.

He also said that the company was looking for technological partners for construction of a petrochemical facility at the Omsk refinery. The facility should allow the refinery to involve all the different intermediate, by-product- and low-margin products into the refining cycle, he said.

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