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Investment projects


The company plans technical retrofit of the furnace, automated control system, emergency shutdown device, propylene concentration unit, technical equipment upgrade at one of the buildings, reconstruction of treating and tankage facilities. The terms and investment have not been revealed.

The company intends to construct polyolefin complex in 2019-2028. The project will include pyrolysis complex, polypropylene and polyethylene units.

Owing to the equipment retrofit of pyrolysis, ethylene production will be increased by 300 k t by 2020.


Modernisation project is implemented within the company’s development strategy before 2020. The project implies rehabilitation of hydrocracking unit and construction of delayed coking unit. Project investment for 2 years will comprise 6.8 bn RUB.

Priority projects of Bashneft include reconstruction of aromatics production. Once it’s completed, the company will increase the output of paraxylene.

Bashneft – Ufa Oil Refinery

Bashneft plans to construct new AVT-6 units for primary processing and delayed coking units at Bashneft-UNPZ. The worn-out part of the complex will be restored alongside with the modernisation process.


TANECO’s development plan is set to continue up until 2026. It provides for the commissioning of units aimed to higher throughput and expansion of product portfolio. TANECO intends to allocate a total of 164bn RUB to complete the construction.

Gas processing plant on the premises of Stavrolen

In Feb 2018, Lukoil adopted FID on the construction of a gas-to-chemicals complex. It was informed that the capacity of the new complex could reach 2 MTPA. The plant will process gas coming from Caspian fields named Rakushechnoye and Kuvykina. One of the staples will be carbamide. The product portfolio also includes the production of polyethylene and polypropylene (2nd phase). Cost of this gas-to-chemicals complex is estimated at about 120bn RUB. Projected construction period is 5 years.

Novoshakhtinsky Refinery

According to agreements between the government of the Rostov region and Yug Energo Company, the development of Novoshakhtinsky Petrochemicals Plant will require 177bn RUB within 2020 and 2030. It is planned that starting from 2024 the plant will produce about 717k tonnes of petrol under 92 and 95 brands of Euro-5 class, and about 2m tonnes of commercial diesel. The project also encompasses the development of environmental projects, namely the reconstruction of a waste treatment plant.


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