21 Feb 2012 16:34

TANECO unable to reach 100% capacity due to logistical constraints

KAZAN. Feb 21 (Interfax) - Tatneft subsidiary TANECO is still unable to reach 100% capacity due to logistical constraints, the company said in a press release.

These constraints are linked to shipping finished products by railroad. The company provided no further details to Interfax.

TANECO is currently in the second stage of comprehensive equipment testing, and the CDU-AVT-7 installation (the primary oil refining unit) is 70% loaded.

Last year, TANECO refined 2.1 million tonnes of oil and dispatched over 2 million tonnes of petroleum products. So far, 735,000 tonnes of material have been processed this year. In January alone, the company sold 414,800 tonnes of petroleum products, the press release said.

A vacuum block, a flare system, a condensate polishing unit for chemical water treatment, a deaerator unit, a tank farm for vacuum gas oil, and a unit for blending and cooling boiler fuel at a visbreaker that works on sludge from the vacuum block at CDU-AVT-7 have entered into operations. The visbreaker's equipment is currently being debugged, as are the parameters of the operating regime at 60% capacity.

TANECO's oil refining depth is currently 65%-67%.

The oil loading rack has a capacity of 10,440 tonnes or 200 tanks of light petroleum products, and 15,480 tonnes or 260 tanks of dark petroleum products, the press release said.

The first phase of the TANECO oil refining complex, with a 7-million-tonne oil capacity, was launched into testing and commissioning mode on October 26, 2010. In September 2011, the Federal Ecological, Technological and Nuclear Oversight Agency (Rostekhnadzor) gave the green light to Transneft to ship oil for TANECO at volumes requested by the company. Transneft received the right to sell to TANECO not material for testing, but for commercial oil. In October 2011, TANECO started testing the oil refining complex's equipment at 100% capacity. In November, its oil refinery was put into pilot production.

TANECO commercially produces straight-run gasoline, technical kerosene, vacuum gas oil and fuel oil. In 2013, the enterprise plans to launch a hydrocracking unit and start producing diesel fuel and motor oil.

TANECO, the operator for constructing the oil refining complex in Nizhnekamsk, is 91% owned by Tatneft and 9% owned by OJSC Svyazinvestneftekhim (belongs to the Tatarstan government). Tatneft is the investor in the project.