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Russia's largest oil refinery loses nearly half of its capacity

Tuesday, 27 August 2024, 10:52
Russia's largest oil refinery loses nearly half of its capacity
Stock photo: Getty Images

The explosion that occurred on 26 August at the Omsk oil refinery knocked out nearly half of the plant's capacity.

Source: Reuters 

The explosion at Gazprom Neft's Omsk refinery, Russia's largest oil refinery, disabled the CDU-11 primary refining unit. 

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The CDU-11 is the most productive unit at the plant. The second unit of this type, CDU-10, had already been out of operation due to a fire in early August. Each unit has a capacity of around 8.6 million tonnes of oil per year.

The primary refining units separate oil into key fractions: petrol, kerosene, and diesel.

In 2023, the Omsk oil refinery processed 21.28 million tonnes of oil, producing 5.07 million tonnes of petrol (11.5% of Russia's production), 8.1 million tonnes of diesel fuel (9.2%), and 1.63 million tonnes of jet fuel (15%).

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Russian authorities say seven people were taken to hospital as a result of the explosion, one of whom is in a critical condition.

Background:

  • In August, Russian oil refineries increased fuel oil exports to the highest level in a year. 
  • The Russian government is reinstating a ban on petrol exports due to a surge in wholesale prices by many percentage points since the beginning of the year and a shortage of Ai-95 (high-octane) grade petrol.

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