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Antipinsky refinery stops receiving oil deliveries

May 20/2019

MOSCOW (MRC) -- Russias Antipinsky oil refinery does not plan to receive oil this month and has removed itself from the delivery schedule, Interfax news agency cited oil pipeline monopoly Transneft.

A London court has issued a worldwide order to freeze 225 million euros (USD252 million) in assets belonging to the oil refinery, owned by New Stream Group, Reuters reported last week.

In the late April, Russian billionaire Mikhail Gutseriyev was set to gain control over a debt-ridden Afipsky oil refinery. The refinery in southern Russia has a capacity of 6 million tons per year (120,000 barrels per day). Since last year, it has been under the management of Russias largest bank, Sberbank, its top lender.

JSC Antipinsky Refinery was founded in July 2004 on the territory of one of the major oil and gas producing constituents of the Russian Federation - Tyumen Region, where most of Russian oil (64%) and natural gas (91%) reserves are concentrated.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil, Antipinsky oil refinery.
Category:General News
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