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News // Oil and gas worldwide

Construction Of A New Oil-refining Plant

19 March 2001 , 12:05266
The Severnaya Neft company (the Komi Republic) and the Administration of the Orel region had reached the agreement on the joint investment project in the construction of a new oil-refining plant and have already begun to materialize it. According to the company data, the primary investments into the project made up $150 mln. The exploitation of the operation unit will ensure the refining of 1-1.5 mln tons of oil a year, and the full project power capacity of the plant (3-4 mln tons a year) will be achieved gradually.

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