C.I.S. REFINING FACES TOUGH YEAR

The former U.S.S.R.'s refining industry during 1992 is likely to face its most difficult year since the late 1940s, before all war damaged facilities and cannibalized equipment were placed back on stream. Utilization of primary processing capacity in the now dissolved Soviet Union is expected to fall to the lowest level in more than four decades. In 1990, the U.S.S.R. processed 9.112 million b/d of crude. With primary capacity estimated at about 11.6-11.7 million b/d, refinery utilization

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