1. Naryshkin and Yakushev Inaugurate Antipinsky Oil Refinery’s Workflow Phase III

Naryshkin and Yakushev Inaugurate Antipinsky Oil Refinery’s Workflow Phase III

29.01.2014

On Wednesday, the RF State Duma Speaker Sergei Naryshkin and the Tyumen Region Governor Vladimir Yakushev inaugurated the Antipinsky Oil Refinery’s Workflow Phase III.

It will enable the refinery to increase its capacity from 3.5 million to over 7.5 million tons of oil per annum. The Chairman of the Antipinsky Oil Refinery’s Board of Directors Dmitry Mazurov and the company’s Director General Gennady Lisovichenko also took part in the symbolic start button pressing ceremony.

In his speech, Sergei Naryshkin noted that that the Tyumen Region was one of the leaders in addressing the issues of investment development of the RF regions. He emphasized that today’s ceremony was yet another event in the welcome chain of new enterprises opening” in the Tyumen region.

According to the Speaker, the Antipinsky Oil Refinery “is setting a good example of the implementation of high-tech projects that are truly forward-looking”. It also serves as an example of “efficient cooperation among investors, regional and municipal authorities, and builders”, he believes.

The head of the lower house of the Russian parliament congratulated all project participants on the commissioning of the refinery’s Workflow Phase III and wished the Antipinsky Oil Refinery soonest achievement of its design capacity so that all project participants could implement their creative plans”.

About the company

The Antipinsky Oil Refinery is located in Tyumen’s industrial area to the southeast of the city, near Antipino Village. The region accounts for the main part of Russia’s oil and natural gas reserves (72% and 91% respectively). However, despite the fact that the region is one of the largest oil producing constituent entities of the RF, it has to bring about 1.2 million tons of light petroleum products from other regions. That is why the construction of the region’s own oil refinery was so necessary.

No enterprise of a similar capacity has been commissioned in Russia in the last 30 years. As local observers note, the Antipinsky Oil Refinery is unique in that it is a private rather than a state-owned project whose capacity will reach 7.5 million tons per annum, product quality will meet Euro-5 standard in 2014 and refining depth will increase up to 94% in 2015.

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