TATNEFT and the Russian Federation Ministry of Energy Have Signed an Investment Agreement on the Development of Advanced Oil Refining
25 мартаThe agreement concluded for the period until January 1, 2031, provides for the construction of 4 oil refineries by the end of 2026 with a total investment amounts of more than 50 billion rubles, including delayed coking units, catalytic cracking units, heavy residue hydroconversion and isodewaxing diesel fuel hydroisodewaxing .
These units will increase the advanced conversion factor of crude oil refining at the TATNEFT Oil Refining Complex and ensure the production of high-quality and highly environmentally friendly products: Euro-5 gasoline, Arctic diesel fuel that meet Euro-5 requirements and stricter environmental specifications of Scandinavian countries.
In accordance with the signed Agreement,the Company will receive an investment premium to the returnable excise tax on crude oil for the implementation of these projects.
Ilshat Salakhov, Head of the Oil and Gas Processing Business Unit, General Director of JSC TANECO :
The investment premium mechanism is an effective economic incentive for the implementation of large-scale projects with a significant national economic effect, which ensures the country s energy security and contributes to the development of related industries and the economy of the whole Russia.
TATNEFT and the Ministry of Energy and Industry of the Kyrgyz Republic signed a memorandum of cooperation.
The "Togliattikauchuk" factory has successfully passed the audit, confirming its compliance with the requirements of the international standard of the quality management system of the automotive industry IATF 16949.