April 17, 2010
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Home / News / Today's Headlines / TNK-BP to Invest $300 Million in Saratov Refinery


TNK-BP to Invest $300 Million in Saratov Refinery

From 2010 to 2012, TNK-BP plans to invest $300 million into its Saratov refinery, the company reported in a news release. 70 million rubles was spent on reconstruction and modernization at the enterprise in the first quarter of 2010, or almost double the amount spent in the same quarter in 2009.
TNK-BP plans a  number of investment projects for the Saratov facility in the next two years: building an izomerization unit, modernizing the diesel fuel hydrotreatment unit and sulphur unit and rebuilding rail loading racks. The company estimates this work will cost $300 million and enable the facility to produce more competitive products.
From January to March 2009, the Saratov refinery processed 1.586 million tons of oil, or 60 tons more than in the first quarter of 2009.
Copyright 2010, TNK-BP. All rights reserved.


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