Antipinsky Oil Refinery

12.12.2013
Antipinsky Oil Refinery, Closed Joint Stock Company (Antipinsky OR CJSC), was founded in July 2004 on the territory of one of the most significant oil and gas constituent entities of the Russian Federation. As is known the main reserves of Russian oil (72%) and natural gas (91%) are concentrated in this region.

As of today Antipinsky Oil Refinery CJSC is one of the major private hydrocarbon-refining industrial enterprises which possesses several strategic advantages:
  • it is the only industrial oil refinery in the Tyumen Region and in the Urals Federal District;
  • it is favorably located in the vicinity of a ramified railway and motor transport infrastructure;
  • it is connected to oil-trunk pipelines of Transneft JSC with the total capacity of 6 million tons p.a..
Moreover, Antipinsky Oil Refinery may sell fuel to companies directly from the enterprise by loading it to 5-30-ton tank trucks. Due to small volumes of loaded products economy is achieved on account of the scope.

One more reason of why Antipinsky Oil Refinery is unique is that it is a private project the capacity of which in 2013 will reach already 7.5 million tons, the quality of products will comply with Euro-5 standard (2014), and the processing depth will increase up to 94% (2015). Strategic partners of Antipinsky Oil Refinery CJSC are such leading international companies as VITOL, GIENCORE, MERCURIA, IITASCO. Being a sustainable and dynamically developing enterprise Antipinsky Oil Refinery continues to carry out efficient activity in the area of industrial and environmental safety. The enterprise is trying to comply with international quality standards and fulfills requirements of the Russian Federation’s legislation, as well as of its own regulatory documents forming the basis for prevention of breakdowns, accidents, and incidents at a hazardous industrial facility.

In the course of construction and technical modernization of Antipinsky Oil Refinery special attention was paid to selection of up-to-date technological equipment compliant with the strictest international environmental regulations and standards.

Today Antipinsky Oil Refinery is busy with the design and construction of its third workflow phase which will enable it to provide the region with Euro-5 motor gasoline and diesel fuel after commissioning of new units, and, as a consequence, to reduce environmental impact of vehicles on the ambiance of the south of the Tyumen Region.

To protect the environment against pollutions Antipinsky Oil Refinery completed construction of special-purpose treatment facilities occupying the area of 10.73 ha in July 2013. The treatment facilities provide the refinery with filtration of all industrial, rainfall and domestic sewage waters by means of preliminary physical-chemical, biological treatment, advanced post-treatment, disinfection, and, finally, dehydration of trapped oil products, residues, and excess sludge. Up-to-date methods of treatment enable the refinery to reuse up to 60% of purified effluents for technical purposes of the enterprise. The remaining 40% of water are purified so that they become safe for the environment as required by sanitary and hygienic standards and are subsequently channeled to the Tura River.

In general this equipment makes it possible to:

- prevent changes of the Tura River bottom and any limitations of water traffic when using water intake structures;

- provide the refinery with water of such quality which is required for basic and auxiliary technological units;

- reduce the area of construction four times as compared with traditional treatment technology at primary and secondary sludge basins;

- minimize operational costs;

- reduce the impact of harmful factors on the environment and service personnel.

Antipinsky Oil Refinery is a dynamically developing enterprise with a serious economic potential. Thus, the 2012 revenues of the company grew by 27% reaching 55.7 billion rubles, exclusive of the VAT. The refinery’s net profit grew by 10% as compared with the year 2011 making up over 1.25 billion rubles. The 2012 EBITDA index amounted to USD 190 million taking into account other companies of the Group.

The management team of the enterprise spends the gained profits not only for modernization of its material and technical base, but also for development of programs on social protection of the company employees, quality medical service, healthy and safe labor environment, various kinds of financial assistance (compensations, premiums). Catering service subsidized by the owners of the enterprise has been organized for personnel at the refinery’s canteen.

Sports events and corporate picnics which contribute to the maintenance of favorable psychological climate in the team are held on a regular basis. One of the most important areas of social policy pursued by Antipinsky Oil Refinery is charity. Over the entire period of its existence the company has developed the general strategy of sponsorship: assistance is not rendered through charitable organizations and foundations, but directly to orphanages, boarding schools, clubs, cultural institutions, the Tyumen regional organization of the Russian national society for the disabled. Catering service subsidized by the owners of the enterprise has been organized for personnel at the refinery’s canteen. Sports events and corporate picnics which contribute to the maintenance of favorable psychological climate in the team are held on a regular basis. One of the most important areas of social policy pursued by Antipinsky Oil Refinery is charity. One of the most important areas of social policy pursued by Antipinsky Oil Refinery is charity. Over the entire period of its existence the company has developed the general strategy of sponsorship: assistance is not rendered through charitable organizations and foundations, but directly to orphanages, boarding schools, clubs, cultural institutions, the Tyumen regional organization of the Russian national society for the disabled.

The scope of the company’s activity enables it not only to make global strategic plans, but also to implement them effectively. Currently workflow phase III is being built actively to be completed in several stages. At the 1st stage ELOU-AT-3 unit swelling the enterprise’s crude oil refining capacity up to 7.5 million tons p.a. will be commissioned.

Together with the unit several off-site facilities will be commissioned: the tank farm for commercial diesel fuel with the volume of 80 thousand tons, the tank farm for crude oil with the volume of 60 thousand tons, up-to-date treatment facilities.

Diesel fuel hydrotreating unit will be built at the 2nd stage for the purpose of improving the quality of diesel fuel as required by Euro-5 standards (with the sulfur content not exceeding 10 ppm) and for the purpose of ensuring the necessary freezing temperature, production of winter and arctic diesel fuels can be produced. To guarantee the operation of the hydrotreating unit hydrogen and elemental sulfur production units with the granulation block will be constructed.

At the 3rd stage the oil processing depth will reach up to 94% due to the commissioning in the IV quarter of 2015 of a combined deferred tar carbonization unit with a fuel-oil vacuum distillation block. As a consequence, the output of diesel fuel will grow up to 50% of the total volume of refinery.

In 2016 the enterprise plans to transfer to the production of high-octane gasoline of Euro-5 standard with the octane number of no lower than 95 points due to the commissioning of the gasoline reforming unit with the catalyst permanent regeneration and isomerization block. In 2017-2018 it is planned to build the vacuum gasoil hydrocracking unit, and the refinery’s own vacuum gasoil from the deferred carbonization unit and the vacuum block will be used as the raw material for it. In addition to that the second hydrogen production unit and off-site facilities will be built. The amount of investment to me made in this project from 2010 to 2015 is estimated at USD 2 billion. One of the steps forward to the implementation of the planned enterprise development strategy is the signature in March 2012 of a multi-currency credit agreement on extending term and revolving credit facility for the total amount of up to USD 750 million to Antipinsky Oil Refinery CJSC. This multi-currency agreement was signed by OAO Gazprombank (OJSC), Raiffeisen Bank International AG and ZAO Raiffeisenbank (CJSC) jointly with Glencore International AG, Vitol S.A., Globexbank CJSC, and WestLB AG (London).

Back to the list