1. Federal Financial Markets Service (FFMS) Register Additional Issue of Antipinsky Oil Refinery To The Tune Of 1.24 Billion Rubles

Federal Financial Markets Service (FFMS) Register Additional Issue of Antipinsky Oil Refinery To The Tune Of 1.24 Billion Rubles

05.12.2012

FFMS has registered an additional issue of ordinary shares of Antipinsky Oil Refinery to the tune of 1.240 billion rubles, the FFMS is quoted as saying.

The issuer distributes 1.240 billion shares with the par value of 1 ruble each. State registration number 1-01-07426-К-002D is assigned to this additional issue. This information is provided by RIA Novosti.

Antipinsky Oil Refinery CJSC founded in 2004 is a rapidly developing oil refinery of a medium size engaged in the processing of crude oil in the Tyumen Region. The first industrial complex of Antipinsky Oil Refinery CJSC with the refining capacity of 400 thousand tons of oil p.a. maximum was built and commissioned in 2006.

The first extension of the enterprise (the 1st phase of Antipinsky Oil Refinery) took place in the period of 2006-2007 in order to swell the production capacity. In May 2010 the second phase of the enterprise was put into operation.

Governor Vladimir Yakushev of the Tyumen Region earlier said that Antipinsky Oil Refinery confirmed its plans to commission the third phase on 2015. The total amount of capital investments for the third phase within the period between 2001 and 2015 is estimated at $1.7-1.8 billion.

As of today the Company refines crude oil into technological oil, bunker fuel, directly distilled gasoline, and diesel fuel in compliance with both, GOST Russian national standard and EURO-2. The processing depth amounts to 60%.

The main buyers of Antipinsky Oil Refinery’s products are Glencore International AG and Arkham S.A. of Vitol company group.

OilCapital.ru

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