Russia's Tuapse oil refinery to resume operations in November
Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November, three industry sources said.
The plant, one of Russia's biggest Black Sea refineries, is expected to process about 480,000 tonnes of crude oil next month, traders added.
The refinery suspended processing from Oct. 1 because of low margins on refined fuels, sources have said.
The export-oriented Tuapse plant, which has processing capacity of 240,000 bpd of oil, produces naphtha, fuel oil, vacuum gasoil and high-sulfur diesel, mainly supplying Turkey, China, Malaysia and Singapore.
The refinery supplies almost no gasoline and low-sulfur diesel to Russia's domestic market.
In 2023, the plant processed 9.322 MM tonnes of crude oil, producing 3.306 MMt of gasoil and 3.123 MMt of fuel oil.
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