15 June 2004 16:03
LUKOIL REFINERY IN ROMANIA TO START WORK IN JULY
The official launch of the plant will take place in September.
The refinery was temporarily closed in 2001 due to economic
ST. PETERSBURG. June 15 (Interfax) - The Romanian oil refinery Petrotel, in which Russian oil major Lukoil has a 51%
stake, will start work in July after an upgrade, Lukoil President Vagit Alekperov told Interfax.
capacity of 4.7 million tonnes, in 2003. Prior to the upgrade the
product yield was 85%-87% and the refinery produced motor oil,
conditions in Romania. Lukoil began upgrading the refinery, with a
lubricants and petrochemicals. The upgrade will allow the refinery to produce fuel according to European quality
standards. Lukoil has invested more than $150 million in upgrading Petrotel.
[Interfax] |
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