Source Pravda.Ru

Moscow Oil Refinery faces downturn in operations

In accordance with the order of the general director of the Moscow Oil Refinery, the enterprise will begin to process only 7,000 tons of oil a day effective today. As RBC got to know from senior officials, the refinery will receive about 250,000 tons of crude to process, whereas its August production plan envisages the output of 870,000 tons of oil. So, the enterprise will not be able to operate at full capacity until crude oil supplies resume as before, a representative of the Moscow Oil Refinery said in an interview with RBC.

As it was reported earlier, the Moscow Oil Refinery will halt operations this afternoon due to an insufficient workload. In August the Moscow Oil Company will supply only 50,000 tons of crude out of the promised 250,000 tons. Additionally, in accordance with the court ruling, Transneft stopped providing oil transportation services to the Nafta Petrol oil trading company, which owes 400,000 tons of oil to the Moscow Oil Refinery this month. Sibneft will provide only 20,000 tons of crude to the refinery in August.

The market share of the Moscow Oil Refinery is 30 percent. Last year it processed 9,775,000 tons of oil. The majority shareholders of this enterprise are Sibneft (37 percent), the Central Fuel Company (51 percent) and Tatneft (10 percent).

©

&to=http://www.tatneftjsc.ru' target=_blank>TATNEFT

&to=http://www.sibneft.ru/index.shtml' target=_blank>SIBNEFT

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision
Comments
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin: Russia is ready to launch direct air communication with Egypt
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mr. Trump: Are you the leader of the free world?
Pentagon can not accept Russia's victory over terrorists in Syria
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
Turkish President Erdogan issues ultimatum to Washington and Brussels
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
USA no longer wants Bashar Assad to go
From Cast Lead to Schabas's defeat: The collective punishment repeats
Pentagon can not accept Russia's victory over terrorists in Syria