1. The Commissioning of the Second Start-Up Complex of Antipinsky Oil Refinery is Scheduled for IV Quarter 2009

The Commissioning of the Second Start-Up Complex of Antipinsky Oil Refinery is Scheduled for IV Quarter 2009

19.05.2008

According to Interfax–Ural, the end of construction and commissioning of the second start-up complex of Antipinsky Oil Refinery is scheduled for IV quarter 2009.

“The design works are currently coming to the end; the project is at the stage of construction preparation and procurement”, said the representative of Antipinsky Oil Refinery.

The capital investments are expected to make over 2 billion rubles. The project will be financed out of the own and borrowed funds. After the second start-up complex is put into operation, the annual output of Antipinsky Oil Refinery will increase sixfold – from 500 thousand tons to 3 million tons.

JSC Antipinsky Oil Refinery (Tyumen) is a member of Oil & Gas Technologies Group. The company was established on July 30, 2004. Antipinsky Oil Refinery is located in the industrial area of Tyumen in the south-east, near the settlement of Antipino.

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