Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russias refining industry. At present, this nation h..
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russias refining industry. At present, this nation has 22 large refinerieseach with a throughput capacity of 5 million tpy (MMtpy), according to the Russian Ministry of Energys register.13 However, the domestic refining industry includes eight mid-sized refineries with capacities ranging from 1 MMtpy to 5 MMtpy and over 200 small refineries with significantly much lower processing capacity (under 1 MMtpy).
Under the new laws, domestic refineries must modernize or shut down. Not all of Russias refineries will be upgraded
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