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1.13 Million Tons of Oil Refined on the Krasnodar Refinery

01.08.2006 “RCCNews”

ZAO Krasnodar Refinery - Krasnodarekoneft has refined 1.13 mln tons of oil during the first half year. During the first half year the enterprise increased the production of naphta against that of last year by 60.4% - 240.8 thousand tons.

The production of diesel has been increased by 1.1% and reached the level of 339.9 thousand tons, petroleum bitumen – by 7.5% - 7.5 thousand tons. The production of fuel oil has been reduced by 62% - 459 thousand tons. During the accounting period the refinery has also produced 10.1 thousand tons of fuel of high density for reactive engines. ZAO Krasnodar Refinery – Krasnodarekoneft is comprised by OAO Oil and Gas Company RussNeft and the latter intends to invest 600 mln. roubles into the reconstruction of the refinery.

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