Russian oil companies reported lower refinery throughput in Q2 due to reduced demand for oil products. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Motor fuel demand was severely affected by movement restrictions introduced in April to combat the spread of coronavirus, although demand rebounded in June and by July reached or even exceeded last year’s levels. Lukoil reported lower Q2 and H1 throughput at its refineries in Russia and Europe due to turnarounds as well as optimization against the backdrop of lower demand due to the COVID-19 pandemic. Lukoil reported lower throughput at its Russian refineries, 6.9% down in H1, at 20.22 million mt. For Q2 it reported 9.283 million mt throughput, 15.1% down. This was due to works and optimization at its Ukhta and Nizhny Novgorod refineries. Meanwhile its Perm and Volgograd refineries maintained throughput at the same level as in […]