Lukoil
Volgograd Coker
November 17, 2011
Lukoil has finished constructing a delayed coking
unit with a 1-million tonne capacity at the Volgograd refinery,
the company said in a press release.
The unit's activation will facilitate an increase in petroleum
coke production by 100,000 tonnes per year and allow the
decommissioning of two technologically outdated delayed coking
units. In 2010, petroleum coke production totaled about 180,000
tonnes.
The unit's launch will also make possible the production of
150,000 tonnes of motor fuel components per year, which will
improve the depth and efficiency of oil refining at the
Volgograd refinery, the press release said.
"The completion of building the delayed coking unit is an
important stage in the refinery's large-scale modernization
aimed at creating non-residual production," Lukoil President
Vagit Alekperov is quoting as saying in the press release. "A
diesel fuel hydro-fining unit will be set into operation here
already next year. And by 2017 the Volgograd refinery will
become the most modern oil refinery in the south of Russia," he
said.
Investments in the project have exceeded 8 billion rubles, the
press release said. Commissioning work will begin in December.
Russian First Deputy Prime Minister Viktor Zubkov, who took part
in the ceremony marking the construction's completion, said that
the refinery's activities aim to ensure that manufactured
products conform to world standards. "Today, refining depth here
is 85%, and in the next few years the refinery will reach world
standards - 95%," he said.
Alekperov said that "the refining depth that the enterprise will
reach will make it possible to say that the Volgograd refinery
has become the best refinery not only in Russia, but also in
Europe."
All of Lukoil's projects in the Volgograd region are important,
Alekperov said. "We continue to conduct geological exploration
work here, and I am sure that we will find new fields that will
allow us not only to maintain, but also increase oil output," he
said.

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