MOSCOW (MRC) -- Soraz refinery, a joint venture between the government and China National Petroleum Corporation (CNPC), shuts down, reported Reuters with reference to Soraz refinery operator's letter.
According to the letter, the Soraz facility with a production capacity of 20,000 barrels per day waited for a replacement for a broken part that has halted production.
In view of that Niger has suspended oil exports to help fulfil domestic demand.
As MRC informed before, in December 2019, Petrobras and China’s CNPC ended talks on the possibility of building a refinery at Comperj in Itaborai (RJ) after concluding that the project would not be economically viable.
And in August 2018, China’s state energy group CNPC completed an upgrade at Kazakhstan’s Shymkent refinery, in which it has a stake, allowing the plant to produce higher quality fuels.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 241,030 tonnes in January 2021 versus 217,890 tonnes a year earlier. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.