USD 92.1314

-0.37

EUR 98.7079

-0.2

Brent 89.06

-0.19

Natural gas 1.948

-0.02

1751

LUKOIL commisions PENEX isomerisation unit at its Nizhny Novgorod refinery

Commissioning of the PENEX unit will enable the refinery to produce high-octane blending component for motor petrol and increase annual production of commercial petrol by 400 000 tonnes

LUKOIL commisions PENEX isomerisation unit at its Nizhny Novgorod refinery

Nizhny Novgorod, June 18 - Neftegaz.RU. Russian Deputy Prime Minister Alexander Novak, Presidential Plenipotentiary Envoy to the Volga Federal District Igor Komarov, Governor of the Nizhny Novgorod region Gleb Nikitin and President of LUKOIL Vagit Alekperov took part in the ceremony of commissioning of PENEX isomerisation unit at the Nizhny Novgorod refinery, which took place today in the city of Kstovo.

Vagit Alekperov noted:
  • LUKOIL increases production of high-octane petrols which are currently in high demand, thus meeting the challenge of providing Russian consumers with high-quality fuels
  • The launch of this unit means we have fully and in time fulfilled the responsibilities we took up under the 4-way agreement with Federal Antimonopoly Service, Rostechnadzor and Rosstandard
The unit will allow to apply low temperature isomerisation to light naphtha in order to produce high-octane blending fuel.
The complex's annual feed rate amounts to 800 000 tonnes.

The isomerisation unit includes an NK-85oC hydro treatment system, a naphtha splitter, a deisopentanizer column etc.
Cumulative investment in the project amounted to RUB 12 billion.

Alexander Novak said:
  • Our government puts a lot of effort into enhancing quality of the fuels produced in Russia
  • This becomes especially important given the environmental track our country follows along with the world community
  • For instance, since 2016, Russia has been producing exclusively Euro-5 compliant petrol and diesel fuel
  • I would like to note that it took us 3 years to fully switch to environmentally-friendly fuels, while in other countries the process took on average 15 years
Another major investment project at the refinery reaches its completion today – construction of a Petroleum Residue Recycling Facility.

The launch of the facility should allow to decrease annual fuel oil output at the Nizhny Novgorod refinery by 2.6 million tonnes and increase annual Euro-5 diesel fuel output by 0.7 million ​tonnes.

The refinery yield will thus increase to 97%, with light products yield reaching 74%.
Implementation of the project will lower LUKOIL Group's total fuel oil output to less than 4% and increase light products yield to 75%.

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru