TNK-BP to Invest USD60 mn in C Ryazan Oil Refinery Company
OREANDA-NEWS. January 30, 2013. TNK-BP reports that it will invest over USD 60 mln in the construction of a hydrocarbons sulfur removal facility at CJSC Ryazan Oil Refinery Company (RORC, part of the TNK-BP Group). The facility is planned to be commissioned in 2015, reported the press-centre of TNK-BP.
The construction is part of a large-scale program to upgrade RORC facilities. The project will allow processing over 175 mmcm of hydrocarbon gas per annum. The removed hydrogen sulphide will be processed into sulphuric acid for further sale.
In 2012-2015, TNK-BP's total investment in refinery upgrades will amount to USD 2.5 bn.
"TNK-BP continuously improves the efficiency and the environmental production profile. The construction of this facility is part of a long-term program to upgrade all Company refining assets, with total investments of USD 2.5 bn during the 2012-2015 period," notes Anatoly Skoromets, General Director, RORC.
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