Antipinsky Refinery

Antipinsky Oil Refinery (Refinery) is the only industrial oil refinery in the Urals with a capacity of 9 million tons of oil per year. For 2021, the Antipinsky Refinery is the largest independent oil refinery in Russia.

History

2023: The ex-owner was sentenced to 10 years in prison and a fine of 21 billion rubles in favor of Sberbank

On December 12, 2023, the Simonovsky Court of Moscow sentenced the founder of the New Stream group of companies, the former owner of the Antipinsky oil refinery Dmitry Mazurov. He was assigned ten years in a maximum security colony for fraud, embezzlement and organizing an attack on model Julia Milstein. This was reported in the Telegram channel "Moscow Courts of General Jurisdiction." Read more here.

2022: Ex-director Gennady Lisovichenko detained in Italy

In February 2022, the ex-director of the Antipinsky refinery Gennady Lisovichenko, who has been on the international wanted list since 2019, was detained in Italy.

2021

Rusinvest acquires refinery for 110.8 billion rubles

On May 18, 2021, Rusinvest LLC became the winner of the auction for the sale of the property of the Antipinsky oil refinery, follows from the data of the unified federal register of bankruptcy information.

"The winner is Rusinvest LLC," the trading card says. The initial price during the auction did not change and amounted to 110.8 billion rubles.

Buildings and industrial structures, land for rent, equipment and components, a share in the amount of 100% of the authorized capital of the oil company New stream"" and more were put up for auction in a single lot. In addition to Rusinvest LLC, the company SBK Set LLC (structure) was announced for auction. Sberbank

The owner of the Rusinvest company, according to the information in the register, is Anatoly Yablonsky. He is Deputy Chairman of the Board of Directors of Avangard Bank, heads the Union of Cognac Producers, and heads the Board of Directors of the Kizlyar Cognac Plant. His own business is mainly concentrated in the Kostroma region and merged into the Rusenergokapital management company, which includes organizations in the field of housing and communal services and the electric power industry, including the largest sales company in the region.

Socar decided to leave the joint venture with Sberbank

On April 22, 2021, it became known that the state-owned oil company of Azerbaijan Socar decided to withdraw from the joint venture with Sberbank.

2019

Ex-CEO Lisovichenko put on the international wanted list

On August 23, 2019, it was announced that the former general director of the Antipinsky refinery Gennady Lisovichenko was put on the international wanted list. This was reported to TASS by a source in the power structures.

"Lisovichenko has been put on the international wanted list. It is located on the territory of another state, "the agency's interlocutor said.

In July, a criminal case was opened against the former CEO Antipinsky of refinery Lisovichenko, he is suspected of concluding a deliberately unfavorable agreement, which caused damage to the enterprise in the amount of more than 35 million rubles.

The Leninsky District Court of Tyumen on August 9 refused to satisfy the claim against the enterprise for the recovery from the plant of $10 million bonuses and $1.9 million fines in favor of Gennady Lisovichenko, suspected of causing damage to the enterprise.

Resumption of production according to the subcontracting scheme for raw materials of Azerbaijan Socar

Production was resumed on July 18, 2019 according to a subcontracting scheme, in which the plant processes oil purchased by Sokar Energoresurs (a joint venture of Sberbank and a group of industry investors, which now owns 80% of the refinery's shares). At the same time, the plant does not have ownership of either oil or oil products, earning only on the cost of processing.

The refinery appealed to the Arbitration Court of the Tyumen Region with an application for declaring itself bankrupt. The amount of claims in the case is 346.4 billion rubles. Later, the creditors of the plant joined the case - Absolut Bank, Credit Bank of Moscow and others.

The arrest of the head of the "New Stream" Dmitry Mazurov

On July 13, 2019, the founder and chairman of the board of directors of the New Stream group of companies Dmitry Mazurov was detained at Sheremetyevo airport on arrival from a foreign business trip. He is suspected of fraud. On July 15, the Tverskoy Court of Moscow arrested Mazurov and sent him to a pre-trial detention center until September 12. Read more here.

The plant comes under the control of the joint venture of Sberbank and Socar - Sokar Energoresurs

In May 2019, due to the difficult financial situation and, as a result, interruptions in oil supplies that began back in 2018, the refinery was forced to suspend work and go under the control of the main creditor - Sberbank.

On May 18, the Antipinsky Refinery filed an application with the Arbitration Court of the Tyumen Region to declare itself bankrupt, indicating the amount of claims in this case - 346.4 billion rubles. Later, the creditors of the refinery - Absolut Bank, Moscow Credit Bank and others joined the case. After Sberbank gained control over the refinery, it was sold to a joint venture of the bank and Azerbaijani Socar - Sokar Energoresurs.

The group also included the Mari refinery, under the management of the Afip refinery with a capacity of 6 million tons. In May, the Afipsky refinery entered the Safmar group of Mikhail Gutseriev. A representative of Novy Stream explained to TASS that the company remains the managing partner of the Mari Refinery.

Sberbank's proposal for debt restructuring and additional financing

On April 30, 2019, it became known that Sberbank, managing the main asset of the New Stream group at the Antipinsky Refinery, wants to convince other creditors of the need to restructure the debt of the Antipinsky Refinery and allocate additional financing. Otherwise, the plant, which was practically stopped at the end of April 2019, faces bankruptcy. Despite the allocation of additional financing at the end of 2018, Sberbank failed to receive a sufficient amount of advances from traders to fully load the plant with raw materials. In addition, the fate of the plant will be affected by the outcome of negotiations with Azerbaijani SOCAR, which expressed its intention to purchase it.

The general director of the Antipinsky refinery Maxim Andriasov, representing the interests of the main creditor of Sberbank, intends to file a bankruptcy petition for the plant with the Arbitration Court of the Tyumen Region.

As explained in the press service of the bank, Mr. Andriasov asked the creditor banks for additional financing, while Sberbank itself in 2018 "postponed all obligations to service and repay the loan" until July 1, 2019. As of April 2019, the appeal is being considered by the bank, Sberbank added. New Stream declined to comment.

Among the creditor banks may, in addition to Sberbank, be MKB, Promsvyazbank and Absolut Bank.

All these banks received offers from Sberbank. With reports of bankruptcy, he wants to speed up negotiations with other banks, he suggests. However, such a step may further scare off the counterparties of the Antipinsky refinery. Absolut Bank confirmed that they received proposals for restructuring. The bank also noted that they are already in the "negotiation process." Promsvyazbank and ICD have not yet responded to the request.

The bankruptcy will depend on whether Sberbank will be able to convince creditors of the need to restructure the plant's debt and the outcome of negotiations with Azerbaijani SOCAR. SOCAR is the main bidder for the purchase of the Antipinsky plant.

As follows from the message of Sberbank, the refinery has been transferred "to the recycling mode," due to the "inability to ensure the utilization of production capacities" due to a lack of prepayments from traders. Andrei Kostin from Rupec notes that we are talking about "hot circulation." This is a state with minimal load of technological environments, from which the plant can be quickly removed, he continues, some of the plants are most likely stopped.

At the end of 2018, Sberbank already allocated several tranches to the plant to replenish working capital, since the Antipinsky refinery lacked funds for the purchase of raw materials, and buyers, due to interruptions in the loading of the refinery, began to refuse to purchase petroleum products. Sberbank, having taken control of the plant, tried to convince traders of the uninterrupted supply, but the situation at the end of 2018 repeated itself again. At the same time, according to the TsDU TEK, primary processing for the first quarter of 2019 at the Antipinsky refinery decreased by 14%, to 1.5 million tons of oil^[1].

As part of the New Stream group

As of April 30, 2019, the Antipinsky refinery with a capacity of 9 million tons of oil per year is part of the New Stream group of Dmitry Mazurov, the operational management is carried out by Sberbank.

2016

As of March 2016, the refining capacity of the Antipinsky Refinery is more than 9 million tons of oil per year.

2015

In 2015, after the commissioning of the diesel fuel hydrotreating plant, the plant began production of Euro-5 diesel fuel. The company continues to build new plants, which will allow it this year to achieve a processing depth of 97%, and in early 2017 to begin producing high-octane gasoline of the Euro-5 standard and cover its needs throughout the Ural district.