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The terminal, which commenced operations in 2005, [1] belongs to the Russian oil giant Rosneft. The overall capacity of the import-export terminal is approximately 71 million barrels per annum (~9.7 × 10 ^ 6 t/a) of oil but capacity will be increased to 121 million barrels per annum (~1.65 × 10 ^ 7 t/a) by 2015. [1]
Much of the oil originated in Soviet Chechnya at the time. [citation needed] In 1992, Russian president Boris Yeltsin decreed that the refinery would belong to the state-owned Rosneft. [citation needed] In October 2013, a new unit at the refinery began service to expand the production capacity. [2]
In 1993, the plant became privatized, and became a joint-stock company in 2002. From 2003 to 2013, the plant was a part of TNK-BP, and was modernized. [3] Since 2013, the plant has been controlled by the state-owned Rosneft.
PJSC Rosneft Oil Company (Russian: Роснефть, romanized: Rosneft', IPA: [ˌrosˈnʲeftʲ] stylized as ROSNEFT) is a Russian integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, extraction , production, refining, transport , and sale of petroleum, natural gas, and petroleum products.
Flows in a very complex oil refinery. The Nelson complexity index (NCI) is a measure to compare the secondary conversion capacity of a petroleum refinery with the primary distillation capacity. [1] The index provides an easy metric for quantifying and ranking the complexity of various refineries and units. [2]
The Vadinar refinery is an oil refinery at Vadinar, Gujarat, India.It is owned and operated by Nayara Energy Limited, in which Rosneft owns a 49.13% stake. The refinery is India's second largest single-location refinery, with an annual capacity of 20 million tonnes (405,000 barrels per day) and a complexity of 11.8, which also makes it among the world's most complex refineries.
The estimated production capacity is 510 thousand barrels per day (81 × 10 ^ 3 m 3 /d). [8] Rosneft expected to produce 3 million metric tons (60 thousand barrels per day (9.5 × 10 ^ 3 m 3 /d)) of oil at Vankor in 2009 and 11 million metric tons (220 thousand barrels per day (35 × 10 ^ 3 m 3 /d)) in 2010.
The in-place reserves of the field are estimated at 1.5 billion tons and recoverable reserves are estimated at 410 million tons of oil. [1] Recoverable gas reserves are over 85 billion cubic meters. [2] Oil field lays 800–900 metres (2,600–3,000 ft) deep. Oil from the Russkoye field is characterized by high viscosity. [1]