Russia's Rosneft resumes LPG supplies from Rospan unit after fire, sources say
Adds detail, background in paragraphs 3-7
MOSCOW, Aug 21 (Reuters) -Russian energy giant Rosneft ROSN.MM has resumed loadings of liquefied petroleum gas (LPG) from its Rospan unit following disruption caused by a fire last month, two industry sources told Reuters on Wednesday and commodity exchange data showed.
The sources said the shipments, which were halted in July, were resumed last week. Rosneft did not immediately reply to a request for comment.
An explosion followed by a fire hit Rospan's gas processing facility near the city of Novy Urengoy in Yamal-Nenets region in July. Rospan is a major LPG supplier to both Russian and foreign markets.
According to the St. Petersburg International Mercantile Exchange (SPIMEX), LPG deliveries from the Korotchaevo railway station, from which Rospan supplies the fuel, were halted on July 26 and resumed on Aug. 16.
Rospan began LPG production at the beginning of 2021. Its total LPG output capacity is about 1.3 million metric tons per year.
Rospan is one of the largest manufacturers and suppliers of LPG in Russia. In the first half of 2024 it accounted for about 11% of rail shipments of the product to the domestic market.
According to sources, rail shipments of LPG from Rospan in 2023 amounted to about 888,000 tons, up from about 386,000 tons in 2022. That included about 773,000 tons to the domestic market and around 115,000 tons of exports, compared with about 301,000 and 85,000 tons respectively in 2022.
Reporting by Reuters;
Editing by Timothy Heritage and Helen Popper
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