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Russian oil refinery gets Sberbank credit line, resumes loadings

December 18/2018

MOSCOW (MRC) -- Oil loadings have resumed at Russias Afipsky refinery, pipeline monopoly Transneft said on Friday, after top lender Sberbank provided a credit line to the Afipsky and Antipinsky refineries, reported Reuters.

Transneft also said it expected to resume loadings to the Antipinsky refinery soon, Interfax news agency reported.

Sberbank said on Friday that it had provided additional credit lines to the refineries to support production, allowing them to fully resume activity. It did not reveal the terms of the credit lines.

As MRC informed before, Russias Afipsky, a mid-sized private oil refiner, suspended oil refining to carry out maintenance of its two crude units from Oct. 6-17, 2018.

Afipsky Oil Refinery Ltd. produces gas, diesel fuel, and fuel oil. Afipsky Oil Refinery Ltd. was formerly known as Afipsky Oil Refinery and changed its name to Afipsky Oil Refinery Ltd. in January 2002. The company was founded in 1975 and is based in Seversk, Russia. As of June 29, 2010, Afipsky Oil Refinery Ltd. operates as a subsidiary of OOO NefteGazIndustria.
Author:Margaret Volkova
Tags:crude and gaz condensate, petrochemistry, Transneft, Russia.
Category:General News
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