TNK-BP Invests 2.3 Billion Roubles in Modernization at Saratov Refinery in H1 2011
TNK-BP invested over 2.3 billion roubles in modernization projects at its Saratov refinery in the first half of 2011, the company reported in a news release. The company will increase this sum of investment to 7.5 billion roubles by the end of the year, Saratov Refinery General Director Aleksandr Romanov said during a news conference.
The investment program at the Saratov Refinery for 2011-2012 is over $300 million. The program envisions building a 300,000 tons per year isomerization unit, reconstructing the hydrotreatment unit as well as other projects aimed at producing Euro-5 standards compliant motor fuels and increasing output from 6 million to 7-7.5 million tons per year.
Copyright 2011, TNK-BP. All rights reserved.
The investment program at the Saratov Refinery for 2011-2012 is over $300 million. The program envisions building a 300,000 tons per year isomerization unit, reconstructing the hydrotreatment unit as well as other projects aimed at producing Euro-5 standards compliant motor fuels and increasing output from 6 million to 7-7.5 million tons per year.
Copyright 2011, TNK-BP. All rights reserved.
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