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Market news from DYM Resources

Low-sulphur petcoke supplies

Low-sulphur Petcoke Supplies Will Decrease in August Due to Refinery Maintenance

Low-sulphur petcoke supplies will sink this summer in the former Soviet Union region, as major refineries—Turkmenbashi and Baku—will undergo maintenance during July and August.

This may lead to a low-sulphur petcoke supply deficit in the third and fourth quarters of 2016, according to DYM Resources.

Turkmenbashi Refinery

Turkmenbashi refinery informed clients on July 14 that it has planned maintenance for 15 days starting July 15, and its coking unit will be fully shut. The refinery has loaded previously accumulated stocks of green and calcined petcoke from July 15 to 22. The calcining unit continued production on previously produced feedstock.

“It is minor maintenance, a regular stop that is needed to check if everything is okay with the coker,“ a source said. „It should restart in early August.“

But some market participants expect that volumes loaded from the refinery will be lower in late July and early August this year.

Turkmenbashi refinery has a coker with an annual capacity of 200,000 tons of below 0.6 percent sulphur green petcoke. The refinery has a calcining unit as well. Calcined petroleum coke was exported into Tajikistan in the first half of 2016.

Turkmenbashi refinery exported 52,500 tons of green coke to Russia by rail in the first half of 2016. The refinery loaded 15,000 to 30,000 tons to Tajikistan during the same period.

Baku Refinery

Baku refinery will undergo maintenance during the same period, in August 2016, which should significantly impact low-sulphur petcoke supplies and exports.

“We already see loading volumes decreased from Baku refinery in July. Possibly that refinery is accumulating stocks for the maintenance period,“ a market participant commented.

Baku refinery is able to produce 300,000 tons of below 0.6 percent sulphur petroleum coke per year.

Baku exported 98,800 tons of petroleum coke to Russia between January and June 2016.

In 2016, Baku refinery exported at least 261,000 tons of petroleum coke and around two thirds, or 177,000 tons, ended up in Russia. Petroleum coke was also exported to Ukraine, Canada, and India.

Low-sulphur Petcoke Supplies and Alternatives

Romania’s Petrom 1 percent sulphur petroleum coke could be an alternative in August and September for the ex-USSR market.

DYM Resources is able to supply 1 percent low-sulphur petroleum coke from Romania by dry-bulk vessel or rail tank cars in August and September 2016 within the Black Sea,“ Yury Burenko, head of petroleum coke operations at DYM Resources, said.

Romania loads petroleum coke from the Constanta port. In 2016, Petrom’s petcoke was exported to China and within the Black Sea region.

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petcoke market analysis

DYM To Deliver Petcoke Market Analysis At Turkish and MENA Cement Fuels 2016

Yury Burenko, petcoke trader at DYM Resources, will introduce key petcoke market analysis at the Turkish and MENA Cement Fuels 2016 conference on September 23rd. The conference will take place at Ceylan International in Istanbul, Turkey.

Burenko will deliver a presentation titled, „Petcoke Market in CIS Countries: New Production Facilities and Geography of Export Supplies.“

“We will unleash unique information about Russian and other former Soviet Union countries‘ petcoke supplies, capacities, and opportunities,“ Burenko said. „The market in this part of the world is changing, exports are growing. and we are excited to share insights with petcoke buyers and suppliers.“

The day beforehand, DYM Resources will attend the Mediterranean Coal Markets 2016 at the same location.

Both conferences attract professionals from the Middle East and Mediterranean who are involved in solid fuel (coal, petroleum coke) production, trading, and consumption—mainly in cement production.

DYM Resources is a German-based company, operating worldwide and a well-known player in the petroleum coke market. DYM Resources supplies petcoke sourced from former Soviet Union countries and Eastern Europe.

To schedule a meeting with the DYM Resources team in Istanbul during September 22-23, feel free to reach out on our contact page or via our LinkedIn and Facebook pages.

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baku petcoke

Quarter of Baku Petcoke Exported to India in 2015

Azerbaijan’s Baku refinery exported 53,000 tons of petroleum coke (petcoke) to India in in 2015. That’s about a quarter of Baku petcoke production for the year.

That number is especially significant given the fact that India imported no petroleum coke from Azerbaijan in 2014.

„Azerbaijani petcoke exports to India and other overseas countries is evidence that the petcoke market is becoming more global,“ said Yury Burenko, director of petroleum coke at DYM Resources. “In 2015, we saw low-sulphur petcoke going from Baku to Canada, from Romania to Russia, which shows great potential for Turkmenistan 0.6 sulphur petcoke as well.“

The Heydar Aliyev Baku Oil Refinery

Baku refinery is a part of the state-owned company SOCAR. Among other products, it produces anode grade petcoke with a very low content of sulphur (up to 0.6 percent) and metals (V, Fe, Si and others) due to oil properties that come from the Caspian Sea.

The refinery produces 700 to 800 metric tons of petcoke daily, with an annual output estimated at 200,000 metric tons.

Azerbaijan Petcoke Export Structure

Russia remained one of the biggest importers of petcoke from Azerbaijan, although the sales geography was quite broad. Azerbaijan’s petcoke was supplied to a number of countries in 2015, including:

  • Russia: 177,306 metric tons
  • India: 53,376 metric tons
  • Canada: 15,266 metric tons
  • Ukraine: 14,733 metric tons
  • USA: 591 metric tons

Regional Context for Baku Petcoke

A similar crude oil source from the Caspian Sea is being used by another refinery in the region that produces petcoke: Turkmenbashi refinery. Turkmenistani petcoke also has a very low sulphur content (0.6 percent max) and very low metal content, especially of vanadium.

Caspian sea oil and natural gas infrastructure

Source: U.S. Energy Information Administration, U.S. Geological Survey, IHS EDIN

“Turkmenistani petcoke has the chance to be exported on the same markets as Azerbaijani petcoke,“ Burenko said. At the moment, the main geographical markets for Turkmenbashi refinery petcoke are Russia and Tajikistan.“

Currently, logistics remain the main problem for Turkmenistanti petcoke trading, as Turkmenistan has no access to deep seaports. Export opportunities from Turkmenistan by the Volga-Don Canal are constricted due to low water levels, which limit cargo size by 3,000 tons. The issue could be solved by loading bigger vessels with Turkmenbashi petcoke from the Black Sea.

DYM Resources specializes in trading anode grade petcoke originating from ex-USSR countries and Eastern Europe. The company provides door-to-door logistical solutions including railway and dry bulk vessel transport.

Photo: Azerbaijan petcoke operations at Baku seaport

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European Base Oils and Lubricants Summit

DYM Resources to Speak at European Base Oils and Lubricants Summit This September

Denis Varaksin, Director of the DYM Resources Base Oils Department, will speak at the European Base Oils and Lubricants Summit this September in Warsaw, Poland.

Varaksin’s presentation will cover the following key points:

  • Russian base oil exports from 2010 to 2016
  • Current base oil capacities and recent shutdowns in former Soviet Union countries
  • New Group II and III base oils in Russia
  • A forecast on Russian and former Soviet Union base oil market developments

The conference draws more than 150 professionals in base oil markets, including producers, lubricant blenders, additive suppliers, OEMs, trade and distribution companies, market analysts, and consultancies. The conference has attracted big names in the industry and offers significant educational and networking opportunities to attendees.

DYM Resources is based in Germany and has a presence in Eastern Europe, Russia, Turkey and Central Asia. The company is an independent global base oil and slack wax supplier and trader focused on products from Russia, Turkmenistan, Uzbekistan and the Middle East.

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cis base oils and lubricants conference

DYM Resources Speaks at CIS Base Oils and Lubricants Conference

DYM Resources‘ base oil and slack wax project manager Denis Varaksin spoke at the fourth annual CIS Base Oils and Lubricants Conference held earlier this month in Moscow, Russia.

Varaksin discussed Russian base oil exports and competition with Iran following the lifting of sanctions in that country.

The conference is organized by the Global Business Club.

„Russian base oil exports are changing – volumes are falling, prices are growing and the share of Group II and Group III products is increasing in 2016,“ Varaksin said. „We see strong demand for Russian SN 900, SN 1200 and Bright Stock from overseas.“

DYM Resources presented recent developments in Russian and former Soviet Union base oil markets, as well as the latest data on Turkish, Indian and United Arab Emirates imports. DYM focused specifically on the situation with base oil exports from Russia, in the context of competition with Iranian base oil exports in a post-sanction world.

The CIS Base Oils and Lubricants Conference drew base oil producers and blenders of finished lubes from former Soviet Union countries as well as other parts of the world. The event was attended by Rosneft, Lukoil, Gazprom Neft, Bashneft, Tatneft and Naftan representatives.

DYM Resources is based in Germany and has a presence in Eastern Europe, Russia, Turkey and Central Asia. The company is an independent base oil and slack wax supplier and trader, with a particular focus on products from Russia, Turkmenistan, Uzbekistan and Iran.

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CIS Base Oils

DYM Resources to Speak at CIS Base Oils and Lubricants Conference in Moscow

DYM Resources‘ base oil and slack wax project manager Denis Varaksin will speak at the fourth annual CIS Base Oils and Lubricants Conference, held May 24 to 26, 2016 in Moscow, Russia. The conference is organized by the Global Business Club.

Varaksin will discuss the current situation with base oil exports from Russia, and competition with Iranian base oil exports in a post-sanction world.

The conference has attracted base oil producers and blenders of finished lubes from former Soviet Union countries as well as other parts of the world. Regular attendees at the event include representatives from Rosneft, Lukoil, Gazprom Neft, Bashneft, Tatneft and Naftan.

DYM Resources is based in Germany and has a presence in Eastern Europe, Russia, Turkey and Central Asia. DYM is an independent base oil and slack wax supplier and trader, focused on products from Russia, Turkmenistan, Uzbekistan and Iran.

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low-sulphur petcoke imports china

Low-sulphur Petcoke Imports Remain Strong in China

China remains one of the biggest petroleum coke (petcoke) importers in the world, recent DYM Resources data indicates. The country’s green low-sulphur petcoke imports (S 3 percent max) hit 1,329 million tons in 2015.

China’s low-sulphur petcoke imports came from 11 different countries. The U.S., Indonesia and Argentina accounted for 96 percent of import volume.

China low sulphur petcoke imports in 2015 by country of origin, thousand Mt

  • United States
  • Indonesia
  • Argentina
  • Others

Key seaports for low-sulphur petcoke delivery were Nanjing, Qingdao and Ningbo. Sea shipments represent almost all imports, while rail deliveries came in at around 1 percent. The main railroad border crossing used for petcoke supplies from Russia and Kazakhstan is Dostyk (on the Kazakhastan-China border).

China low sulphur petcoke imports by month

  • Amount, thousand Mt

DYM Resources is an independent trading company specializing in niche oil products. DYM is a reliable supplier of green and calcined petcoke from Russia, Kazakhstan, Turkmenistan, Romania and other countries.

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