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In 2008 "Orsknefteorgsintez" is going to increase capital investments by 1,5 times

04.05.2008 RIA "Novosti"

ORENBURG, May, 4 - RIA Novosti. In 2008 ОАО "Orsknefteorgsintez", the largest oil refinery in the Orenburg Region, is going to increase capital investments by 1,5 times in comparison with the last year - to 1,75 bln. Rubles, as it is said in the report of the plant.

"In 2008 it is planned to continue modernization of the plant. Construction of the complex of deeper conversion of oil is a principal direction of investment programme on modernization for the year. This plan will be realized by means of a number of projects", - as it is written in the document.
In particular, 262,372 mln Rubles will be invested in project on the construction of installation, that will provide benzol reduction in motor gasoline, and production of motor gasoline "AI-92" and "Euro-3". Realization of a project started last year, with the funding of 239 mln Rubles.
Moreover, 496,899 mln Rubles will be invested in the construction of isomeric installation, with the help of which it is planned to set up production of high-octane number component for motor gasolines, and to reduce concentration of aromatics in motor gasolines, etc.   

Besides, in 2008 it is planned to invest in reconstruction of operating capacities.
The output of oil refinery is 6,6 mln tons per year.

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