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Article: Revamp: Luzhkov Aims High With Moscow Refinery Upgrade.(Yuri Luzhkov)
- Article from:
- NEFTE Compass
- Article date:
- August 9, 2005
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Moscow Mayor Yuri Luzhkov has signed an order for a $630 million upgrade of the Moscow refinery, which will enable it to produce a greater proportion of light oil products.
The upgrade will entail an investment of $147 million in 2005-07 and $484 million in 2008-10.
If the plan goes through, production of diesel fuel is set to rise to 3.5 million metric tons/yr (72,000 b/d), compared with 2.6 million tons/yr (53,000 b/d) at present. Of the diesel total, 1.4 million tons/yr will meet Euro-3 quality specifications and 2.1 million tons/yr Euro-4 standards. The refinery will accordingly cut fuel oil production to 900,000 tons/yr (16,000 b/d) from 2.9 million ...