Prime Minister Vladimir Putin visits the Novokuibyshevsk oils and additives plant during a working visit to the Samara Region and inspects a filling unit
28 october 2010
Vladimir Putin also passed through the floor where containers are filled with lubricants and labeled.
Rosneft plans to invest up to 14 billion roubles in the modernisation and expansion of oil processing units at the Novokuibyshevsk oil refinery in 2010 through 2014. As a result, the amount of crude oil processed for the production of lubricants will reach 1.3 million tonnes, which is 53% more than in 2010. The plant will produce higher-quality Euro-4 and Euro-5 motor oil, meeting API standards in the United States and ASE standards in Europe.
The bulk of the investment will go toward building a new unit.