Profound sense of going down the barrel
Russia's growing refinery runs (in 2006 processing volumes grew to 4.38mn b/d, 6% up y.o.y.) exacerbate the challenge of refining depth at the domestic refineries. In 2006 Russia's average refining depth stood at 71.2%, compared to over 90% in the EU and USA. The reason lies in the lack of advanced treatment facilities for processing heavy bottoms of atmospheric and vacuum distillation into gasoil, naphtha, kerosene, cutting down production of fuel oil, bitumen and tar. This was the key note of the Bottom of the Barrel conference hosted by EPC in Grand Marriott Hotel on 18-19 April.
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