Some plants in Russia halt due to lower exports Feedstocks face pressure finding homes Refineries in Russia and Belarus are reducing throughput, with some halting production, as they have been unable to place their output due to the reluctance of international buyers to take Russian-origin cargoes following Moscow’s invasion of Ukraine. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to estimates by market participants, around 4 million mt of capacity has been shut since Feb. 24, the day Russia invaded Ukraine. Russian refiners typically process around 25 million mt/month (around 5.9 million b/d). Russian Deputy Prime Minister Alexander Novak said April 7 that Russia’s oil output in April could fall 4%-5% month on month due to financial and logistical difficulties. Novak, who was speaking to Russia 24 TV channel, also said there would also be “adjustments to refining, there will also […]