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. Last Updated: 07/27/2016

TNK-BP to Fix Ryazan Refinery

Oil firm TNK-BP on Friday confirmed problems at its largest refinery in Ryazan after traders said Moscow and regions in the Central Federal District are facing a big gasoline shortage.

TNK-BP, in which oil major BP holds 50 percent, said it had on Thursday halted several units for repairs until Nov. 13, cutting output of high-octane gasoline.

"We have been suspecting problems at Ryazan because we could not get a products off them for some time. The situation is serious because diesel and A-92 [gasoline] stocks in the region are dry," said an oil trader who works with Ryazan.

He said the situation was aggravated by maintenance and repairs at a number of other Russian plants, including TNK-BP's Saratov refinery.

TNK-BP controls two plants, the 315,000 bpd Ryazan and the 130,000 bpd Saratov. It also shares control together with Gazprom Neft of the 240,000 bpd Yaroslavl refinery.

"Due to a recent serious failure in power supplies to Ryazan refinery, the packing and catalyst in one of the reactors in the VGO hydrotreater unit has been destabilized and the unit now needs to be shut down and reset," the company said.

"Ryazan's capacity to produce volumes of refined products is unaffected by this disruption. However, our capacity to produce certain high quality gasoline products has been affected by 12 percent."