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  • Lukoil starts construction of petroleum residue recycling facility at Nizhni Novgorod refinery
    édité le 30/08/2018 - Plus de news de "LUKOIL" - Voir la fiche entreprise de "LUKOIL"


Lukoil starts construction of petroleum residue recycling facility at Nizhni Novgorod refinery
The official unveiling of a sign to commemorate the start of construction of LUKOIL's Petroleum Residue Recycling Facility took place today in Kstovo, Nizhny Novgorod Region. The facility, based on the process of delayed coking, is located at LUKOIL's wholly owned refinery of LUKOIL-Nizhegorodnefteorgsintez. The event was attended by President of LUKOIL Vagit Alekperov, Head of the Nizhny Novgorod Region Gleb Nikitin and Acting Plenipotentiary representative of Russia's President in Volga Federal District Igor Panshin.

Apart from a delayed coker, the complex, with the total annual feed rate of 2.1 million tons, features a diesel hydrotreater, a gas fractionator, hydrogen and sulfur production units, as well as infrastructure facilities. Once the new facility is commissioned, the Nizhny Novgorod refinery will significantly reduce its production of fuel oil, increase refinery yield up to 95.5% and achieve higher synergy with the fluidized catalytic-cracking units already in operation. As a result, the yield of light petroleum products will grow from the actual 64% up to 76%.

The facility, whose commissioning is slated for 2021, will also increase tax revenues at different administrative levels and provide additional employment for over 200 people.

Vagit Alekperov and Gleb Nikitin also participated in official events on the occasion of the refinery's 60th anniversary. Eighteen employees of LUKOIL-Nizhegorodnefteorgsintez received state, industry and corporate awards.

During his business trip to Nizhny Novgorod, Mr.Alekperov also opened an exhibition "Toward Light: Russian Impressionism from Russia's Public Collections" in the city's Museum of Fine Arts. The exhibition was organized with support from the LUKOIL Charitable Foundation.

About LUKOIL

PJSC “LUKOIL” is one of the largest publicly traded, vertically integrated oil and gas companies in the world in terms of proved hydrocarbon reserves and production; and the second largest producer of crude oil in Russia. Established in 1991, the Company currently operates in more than 30 countries with core upstream assets located in Russia. The full production cycle includes oil and gas exploration, production and refining; production of petrochemicals and lubricants; power generation; marketing and distribution providing LUKOIL with maximum synergies from its activities. The Company’s shares are listed in Russia on Moscow Exchange under the ticker “LKOH” and depositary receipts are listed on the London Stock Exchange under the ticker “LKOD”.


Origine : Communiqué LUKOIL

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