Archive

Sulphur

385,000 tons of sulphur were sold for export in 1H of 2018 in Turkmenistan

Turkmenistan refineries sold 385,000 tons of lump and granulated sulphur (99.95% purity) from January to July 2018. In 2017, total sulphur sales in Turkmenistan reached 914,500 tons.

Central Asian countries are expanding their gas production and processing capacities, so supply from this region will be increasing in the next decade. In Uzbekistan, for example, a new gas processing plant at the Kandym Gas condensate Field  was launched in April. The planned sulfur production is about 580,000 tons per year.

Russia is also a big producer of elementary sulphur; in 2017, it produced 6,318,699 tons. This production will increase in the coming years.

China remains the main sulphur consumer in Asia. In 2016, sulphur imports to China reached 12,000,000 tons.

DYM Resources is an international trading company focusing on providing high-quality services in the base oil, wax, petcoke, bitumen and petrochemicals markets.

Read More →
Turkmenbashy refinery coking unit

Turkmenistan Sold 25,200 Tons of Bitumen for Export in 1H 2018

Turkmenistan’s refineries started bitumen export sales in early 2018 and sold 25,200 tons of bitumen from March to June.

Turkmenistan began bitumen production in 2015, but did not export the product until early 2018. Today, two refineries can produce bitumen in Turkmenistan: Seidy Refinery has the capacity to produce 37,000 tons of bitumen per year, Turkmenbashy Refinery can produce more than 200,000 tons per year and plans to increase production with the launch of new delayed coking and deasphaltizing units.

Bitumen Sales 2018 (mt)

  • Amount (mt)

“Bitumen is in high demand in Central Asia due to massive road construction plans, especially in Uzbekistan, Tajikistan and Kirgizstan,” comments Denis Varaksin, director of DYM Resources.

Bitumen is sold on an FCA refinery basis with loading into rail tank cars. Traders report that it is difficult to find suitable rail tank cars for bitumen transportation due to lack of equipment with “steam-heating coats” that help to heat the product during unloading.
Bitumen was sold in cargoes of 2000 to 7200 tons with a loading period between two to ten months. Export prices were stable from March to June 2018.

90% of bitumen is used in road construction, with the remnant going into construction industries as a waterproof material. The global bitumen market comprises around 107 million tons.

DYM Resources is a trading company focused on developing high-quality services in the base oil, wax, and petcoke and bitumen markets. The company works in Russia, Belarus, Kazakhstan, Uzbekistan, and Germany.

Read More →
Turkmenbashy refinery

Turkmenbashy petcoke price rise by $20/t

Turkmenbashy refinery has increased green petroleum coke – price by $20/ton reaching another price record for at least 5 years. 20 000 tons of green petcoke were sold 12-13 April 2018.

Demand for low-sulphur petroleum coke remains strong in Russia, Central Asia and Wester China despite some signs of price decrease in other markets.

Turkmenbashy refinery also sold 5000 tons of calcined petcoke on 13 April 2018, price for the product remained stable compared to February sales level.

In February 2018 Turkmenbashy refinery sold 30 000 tons of green petcoke and 10 000 tons of calcined petcoke at prices 2 and 3 times higher compared to previous sales level reached in 2017. Such price spike was mostly driven by West China’s demand where aluminum producers faced shortages of low sulphur petroleum coke amid ecological regulation pressure and increase in local aluminum demand.

By mid of April 2018 Turkmenbashy refinery sold almost third of their annual production capacity.

Turkmenbashy refinery is one of 2 refineries in former USSR country that produces ultra-low sulphur petcoke with Sulphur content up to 0.6% and extra low metals content.

DYM Resources is a trading firm, supplying petroleum coke from ex-USSR and European countries.

Read More →
Turkmenbashy refinery

Turkmenbashy petcoke prices surge on record-high demand

Turkmenistan’s biggest oil refinery Turkmenbashy has sold 30.000 Mt of green petroleum coke on 19 February, price for the lot has increased 173 USD per MT or more than 3 times from the previous tender, DYM Resources data shows.

During the tender record-high 17 companies were competing for the lot, instantly push price to its highest level in many years. Prices for Turkmenbashy petroleum coke were largely stable during 2014-2017. Current price increase follows global trend in low-sulphur petroleum coke market started in 2017 as demand for the product from aluminum and metallurgical industries are growing,

We have seen significant price increase for graphitized electrodes in 2017. Turkmen petcoke is an alternative to needle petcoke in current market conditions and also a good option for aluminum smelters to optimize their costs by blending with cheap high sulfur petcoke” – says Yury Burenko petcoke trading director at DYM RESOURCES.

Yesterday’s tender was the first petcoke offer in the last 7 months.

The whole 30’000 tons cargo was sold to a single buyer on FCA refinery basis for rail road export for 6 months loading period.

CPC demand surprisingly low

Turkmenbashy also offered 10’000 tons of calcined petroleum coke, which was not sold on 19th February tender. Buyers were offering lower prices for calcined petroleum coke compared to green coke which is unique situation: before calcined petroleum coke was traded with approximately 100 USD per MT premium to green petroleum coke, reflecting higher production costs of calcined material.

Quality issues with calcined coke might have been a reason for low demand for the product, industry players suggest. Turkmenbashy CPC has low real density compared to what other producers offers.

Turkmenbashy refinery produces petroleum coke with Sulphur content 0.6% Max and very low metals content, its coker unit capacity is 180’000 Mt per year. Key markets for Turkmen petcoke were usually Tajikistan and Russia but starting from 2017 significant volumes of the product are being shipped to China by rail.

DYM Resources specializes on petcoke sourcing from refineries located in former USSR countries – Russia, Kazakhstan, Azerbaijan and Turkmenistan. Contact us with your enquiries using our contact form or by email.

Read More →
Turkmenbashy refinery coking unit

Turkmenbashi Refinery to Build 900 kt/year Coking Unit

Turkmenbashi refinery plans to build a second coking unit to add 900,000 tons of coking capacity per year to its existing production, according to a Trend agency report citing the Turkmenistan government.

Turkmenbashi refinery operates a coker with a capacity of 200,000 tons of below 0.6 percent sulphur green petcoke per year. The refinery has a calcining unit as well.

No timetable for the new petcoke unit is given, but usually it takes several years to complete such a project. Normal petroleum coke output at similar capacity units are about 130,000 to 150,000 tons per year depending on fuel oil quality. Fuel oil is a feedstock for coking units.

Turkmenistan’s low-sulphur petcoke is supplied to aluminum and graphite industries in former Soviet Union countries and Central Asia.

DYM Resources supplies petroleum coke globally and took part in loading 23,000 tons of Turkmenistan petcoke in 2016. The company offers finance, logistics, and quality control services to its clients. For inquiries please contact us online or via email.

Read More →
Turkmenbashi base oil unit

Turkmenbashi Base Oil Unit Restarts After Maintenance at the Refinery

Production has restarted at the Turkmenbashi base oil unit after halting for maintenance, sources told DYM Resources.

Operations re-launched last week at Turkmenbashi, which is Turmenistan’s state-owned refinery.

“Base oils and slack waxes from Turkmenbashi refinery have great potential as they are still not widely known in the market,” said Denis Varaksin, DYM Resources base oil and slack wax director.

The Turkmenbashi base oil unit has the capacity to produce 80,000 tons of base oils per year, and is the only base oil producer in Turkmenistan. The refinery exports most of its base oils to Iran and the Black Sea market, mainly to Turkey and Kazakhstan.

The refinery produces three grades for export: SN 180, SN 350 and SN 600. All grades are available for loading with rail tank cars or tanker vessels from Turkmenbashi port. Base oils can be directly supplied from Turkmenistan to the Black Sea market via the Volga-Don canal and Sea of Azov with 2,000 to 5,000 DWT sea-river type vessels.

Exports of SN 600 base oils restarted this year after several years of absence of such loadings. The refinery is capable of producing SN 1200 base grade but did not export this product recently.

The Turkmenbashi base oil unit’s products are of the highest quality among other Group I base oil producers in ex-USSR countries. The product has a light color (less than 0.5 for SN 180 and SN 350 grades), a high viscosity index and low sulphur content.

DYM Resources started supplying Turkmenbashi slack waxes to Germany this year. The refinery was not producing slack wax during the second half of 2014 to the second quarter of 2016. Turkmenbashi produces slack wax from SN 180 and SN 350 base oils. The slack wax products have a viscosity of 3.8 to 5.6 cSt at 100 degrees Celsius.

Slack wax is a source for producing paraffin, wax emulsions, jellies and other products. Slack wax derivatives are used in construction, cosmetics, candle production and other industries.

DYM Resources is a niche oil products supplier focused on base oils, slack waxes, paraffin, ceresin and petroleum coke. The company has a presence in Turkmenistan, Russia, Moldova, Turkey and Europe, while it trades globally. The company is registered in Germany and is a “smart cost” company, by optimizing its costs to offer the highest quality services at the best value.

Read More →
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

Read More →