JSC Povolzhskaia Refinery is one of the integrated oil producing enterprise in Russia. On technology the refinery is oriented onto processing of most of Russia West-Siberian crude oil.
In 2012 JSC “Povolzhskaia Refinery” entered into Unified State Register of Legal Entities that it is definitely determined the choice of strategic direction of the refinery development.
The key target of Povolzhskaia Refinery is an output of exportable products in required volume for meeting needs of the country and in appropriate quality for compliance of world market requirements. The basis for achievement of this objective is creating of up-to-date production facilities as the result of revamping, upgrading and retooling of existing production.
Oil exports from Russia will increase by 3.3% to 252 mln tonnes in 2016,
Russian oil output stood at 10.83 million barrels per day (bpd) in May, slightly down