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Oil refining depth in Russia 2014-2019

Oil refining depth, an indicator used in Russia to assess efficiency of processing of petroleum products, gradually increased between 2014 and 2019, reaching nearly 83 percent at the end of the observed period. Russia's oil refinery capacity was measured at approximately 6.6 million barrels per day in 2018, which was the third largest figure worldwide after the United States and China.

Oil refining depth rate in Russia from 2014 to 2019*

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Sources

Release date

March 2020

Region

Russia

Survey time period

2014 to 2019

Supplementary notes

* Refining depth, a term historically used in Russia to assess the efficiency of refining, "is calculated (in percentage terms) by substracting mazut output, losses, and own use of products, from the refinery total throughput, dividing it by throughput and multiplying by 100." (The Oxford Institute for Energy Studies, "Russia's heavy fuel oil exports: challenges and changing rules abroad and at home," page 35).

** Calculations based on the methodology of the Russian State Statistics Service.

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Statistics on "Russian oil industry"

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