Russia Novoil refinery halts diesel output

Fri Jan 25, 2008 9:46am EST
 
[-] Text [+]

MOSCOW, Jan 25 (Reuters) - Russia's NovoUfimsk refinery, also known as Novoil, (NUNZI.RTS) has halted gas oil production after a technical failure on one of its units on Jan 22 and will resume it in about a week, trading sources said on Friday.

"Diesel production at NovoUfimsk is on halt for a third day and people say it will take about a week to fix the problems," one trader, a regular offtaker of volumes from the refinery, said.

Novoil together with Ufimsk and Ufaneftekhim make up the Ufa group of refineries.

Another trading source said the Ufa group was behind the promised schedule of diesel deliveries, both for the domestic and export markets, but the management has pledged to catch up with the schedule, especially on the export front.

The group produced 7.75 million tonnes of diesel last year, of which Novoil accounted for 2.35 million tonnes. (Reporting by Dmitry Zhdannikov)