Lukoil held a commissioning ceremony for the PENEX isomerisation unit at the Nizhny Novgorod refinery in Russia. Investment in the project cost 12 billion roubles.
The unit will permit low temperature isomerisation to be applied to light naphtha in order to produce high-octane blending fuel.
The commissioning of the PENEX unit will allow the refinery to create a high-octane blending component for motor petrol and increase annual production of commercial petrol by 400,000 t.
Lukoil also disclosed the completion of the construction of a petroleum residue recycling facility at the refinery. The new facility should permit annual fuel oil output at the Nizhny Novgorod refinery to decrease by 2.6 million t. The project will lower Lukoil Group’s total fuel oil output to less than 4 percent and increase light products yield to 75 percent.
For more information visit www.lukoil.com
