LUKOIL is one of the largest oil & gas vertical integrated companies in the world accounting for over 2% of crude production and circa 1% of proved hydrocarbon reserves globally.
Deputy Prime Minister of the Russian Federation Yury Borisov, Governor of the Nizhny Novgorod region Gleb Nikitin and President of PJSC LUKOIL Vagit Alekperov took part in the ceremony of commissioning of a polymer-bitumen binders production unit at LUKOIL's Nizhny Novgorod refinery. The commissioning took place today in the city of Kstovo (Nizhny Novgorod region).
LUKOIL commissioned PENEX isomerisation unit with annual feed rate of 800 thousand tonnes at the Nizhny Novgorod refinery. The unit will allow to apply low temperature isomerisation to light naphtha in order to produce high-octane blending fuel. The Company also completed the construction of a Petroleum Residue Recycling Facility - another
major investment project at the refinery.
Today LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan.
PJSC LUKOIL announces that the final investment decision on the delayed coker complex at Nizhny Novgorod refinery was taken.
LUKOIL has put in
operation a gas desulphurization unit at the Usinsky gas processing plant. The new facility will
make it possible to increase the utilization of associated petroleum gas from
the Usinskoye field to 95%.
LUKOIL reports preliminary operating data
of hydrocarbons production and oil refinery for the fourth quarter
and twelve months of 2016.
President of LUKOIL Vagit Alekperov and Chairman of the Management
Committee of Gazprom Alexey Miller discussed the
status of the General Agreement on Strategic Partnership, earlier
contracted gas supplies and potential increase in volumes of associated
petroleum gas processed at Gazprom's Sosnogorsk Processing Plant.
LUKOIL has successfully completed reconstruction of the diesel fuel
hydrodearomatization block of the hydrocracker at Perm Refinery, accommodating
it for hydrodewaxing. This modernization will allow the Company to increase
production volumes of EURO 5 winter diesel.