Market news from DYM Resources

baku refinery

Baku Petcoke Production Halts for Third Time in Nine Months

Azerbaijan’s state owned Baku refinery has another petroleum coke (petcoke) production issue and cannot guarantee petcoke supplies to its customers in February, according to an industry source.

Baku exports low-sulphur petroleum coke to Russia and neighboring countries for electrode production. The refinery is not providing a timeline for when petcoke production may resume. This is at least the third time in the last nine months when the refinery has had problems with production. Every time, the refinery had to stop its petcoke export loading.

“Another disruption raises questions about the reliability of Baku refinery as a long-term, low-sulphur petroleum coke supplier,” the market source commented. “Supply shortage and high demand support high prices for low-sulphur petroleum coke in Russia and [the former Soviet Union], which are stable compared to last year’s levels.”

Baku refinery has the capacity to produce 20,000 to 25,000 tons of petroleum coke (with sulphur content below 0.6%) per month. The only low-sulphur alternative supplier in the ex-USSR market is Turkmenbashi refinery, which exports 10,000 to 15,000 tons of petroleum coke per month.

Source: DYM Resources

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Turkmenistan Petcoke Sales and Outcomes in 2015

Turkmenistan petcoke sales for 2015 indicate that the country remains a core player in the Central East Asian market.

The country supplies low-sulphur petcoke for export. There were no domestic petcoke distributors in Turkmenistan in 2015.

Turkmenistan’s only petcoke unit is located at the Turkmenbashi refinery. Its capacity is 200,000 metric tons of green petcoke annually. The refinery operates a calcination unit.

The refinery is part of a state-owned company. All goods produced there are sold through auctions at the State Commodity and Raw Materials Exchange of Turkmenistan.

DYM Resources is a well-known distributor of Turkmenistan’s petcoke. We manage operations though a local office in Turkmenistan. With our on-the-ground presence, we are able to research and provide data relevant to the Turkmenistan petcoke market.

In 2015, Turkmenistan petcoke sales showed the following outcomes:

  1. Amount: 12 contracts for 173,000 metric tons of green petcoke and three contracts for 40,000 metric tons of calcined petcoke were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan. This is not including two cases when bidders won auctions for 80,000 metric tons, but subsequently cancelled. Some contracts have a lifting period ending in 2016.
  2. Bidders/contractors: eight companies won auctions and signed contracts with the refinery for petcoke supplies.

Signed export contracts for petcoke at The State Exchange of Turkmenistan, 2015

  • 271311, Green petcoke
  • 271312, Calcined petcoke

Source: DYM Resources

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happy new year from DYM Resources

A DYM Resources Holiday Message!

Dear partners and colleagues,

As the year wraps up and festivities begin we wanted to extend a special DYM Resources holiday message to you all.

The DYM Resources team would like to wish you very happy holidays and a wonderful, fun-tastic New year!

May the coming year bring you and your loved ones good health, happiness and much success. Please don’t hesitate to reach out to our team at any time with questions or feedback.

With warmest regards,

DYM Resources

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Iran Builds New Petcoke Unit at Abadan Refinery

Iran has launched a pilot petroleum coke unit at its Abadan refinery, according to the Research Institute of Petroleum Industry (RIPI).

The petcoke unit can produce 400 kg in every production cycle; each cycle normally lasts 48 hours. Iran has never built delayed coking units before. The country is planning a massive modernization program for its refining industry following the expected lifting of sanctions.

Iran’s petcoke consumption is estimated to be 500,000 tons of petcoke per year, or around $75 million. The country plans to double its consumption of petcoke as demand from the aluminum and metal industries grows.

Source: DYM Resources

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petcoke for export

Rosneft Offers Petcoke for Export in 2016

OJSC Rosneft, the Russian state-controlled oil champion, will offer petcoke for export loading from January to December 2016, according to its tender documentation.

Rosneft will offer about 7,700 tons of petcoke for export from its Angarsk refinery and 38,000 tons from its Novokuibyshevsk refinery. Potential buyers have until October 19 to send bids; results will be announced before December 15, 2015. Rosneft supplies petcoke mainly to the domestic market, while aluminum giant UC Rusal buys most of it.

The Angarsk refinery produces petcoke with 1.5 percent sulphur and an ash content below 0.1 percent. The Novokuibyshevsk refinery produces petcoke with below 5 percent sulphur and an ash content of 0.3 percent.

Source: DYM Resources

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petcoke production

Gazprom Petcoke Production Hits 75,000 Tons in First Half of 2015

Gazprom Neft achieved 75,000 tons of petcoke production at its Omsk refinery between January and June 2015, according to the company’s second quarter financial report.

Gazprom Neft is currently building a new petcoke (petroleum coke) unit in Omsk with a source capacity of 2 million tons per year. This new unit will help to double petcoke production in 2017.

The Omsk refinery runs a delayed coking unit with feedstock capacity of 600,000 tons per year, producing petcoke at 10,000 to 14,000 tons per month. The refinery produces 1.5 percent petcoke, a product that is in demand for electrode production.

Source: DYM Resources

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Kazakhstan Petcoke Exports to Russia, First Half of 2015

Kazakhstan remains one of the leading suppliers of petroleum coke to the Russian aluminum industry, recent petcoke exports data shows. During the first six months of 2015, Kazakhstan supplied more than 130,000 metric tons of petcoke to Russia, both green and calcined.

Kazakhstan petcoke exports to Russia, first half of 2015

  • 271311, Green petcoke
  • 271312, Calcined petcoke

There are two plants that produce green petcoke in Kazakhsan: Atyrau and Pavlodar refineries. Both of these plants are part of KazMunayGas.

For more detailed information about Kazakhstan petcoke exports and overall market trends, please contact us.

Source: DYM Resources

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