MOSCOW (MRC) -- Italian oil and gas company Eni said on Friday it was not using oil of Russian origin in operations related to its 20% share in the Bayernoil refinery in the Germany state of Bavaria, according to Hydrocarbonprocessing.
Swiss firm Varo Energy, another shareholder in the Bayernoil refinery, said it had not entered into new deals to buy Russian oil since the start of Russia's invasion of Ukraine and did not plan to. It said previous contracts had expired.
The West has imposed sweeping sanctions on Russia over the invasion. The US has banned Russian oil imports, while the European Union, which is more reliant on Russian fuel, has banned investments in Russia's energy sector.
Some buyers, meanwhile, appear to be shunning Russian oil to avoid becoming entangled in sanctions.
"In 2022, Eni Deutschland as a shareholder of Bayernoil has not used Russian crude oil, nor is the use of Russian crude oil planned in the near future," a spokeswoman for Munich-based Eni Deutschland GmbH said in a written statement.
"At the moment, Eni Deutschland sources its supply share in the Bayernoil refinery via other crude oils," she said.
Bayernoil processes 10.3 MMtpy of crude to make products including gasoline, diesel, heating oil and bitumen at its Neustadt and Vohburg sites.
Alongside from Eni's 20% stake in Bayernoil, Varo Energy holds 51.4% and Russia's Rosneft owns 28.57%.
Rosneft did not reply to enquiries about Russian oil flows.
As MRC wrote earlier, Eni is evaluating conversion of its Livorno refinery in northwest Italy into a biorefinery, as part of the Italian company's wider strategy to make its activities more environmentally sustainable. Eni has already converted two of its Italian refineries and is looking to almost double its biorefining capacity to around 2 million mt/year by 2024, and expand this to at least five times by 2050, as part of its pledge to achieve complete carbon neutrality by 2050.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,487,450 tonnes in 2021, up by 13% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market totalled 1,494.280 tonnes, up by 21% year on year. Deliveries of homopolymer PP and PP block copolymers increased, whreas shipments of PP random copolymers decreased significantly.
Eni, abbreviation of Ente Nazionale Idrocarburi, in full Eni SpA, Italian energy company operating primarily in petroleum, natural gas, and petrochemicals. Established in 1953, it is one of Europe's largest oil companies in terms of sales.