Investment projects

Modernisation of KINEF

The company is planning to modernise an oil refinery in the Leningrad region. "This is a new project related to a more in-depth refining of petroleum products. KINEF has traditionally been seriously engaged in the development of its plant. Among the major completed projects, there was hydrocracking, and now they are moving into coking chemistry, making it clear that modernisation is needed," said Alexander Drozdenko the governor of the region, referring to the outcomes of a working meeting with the CEO of Surgutneftegas PJSC.

Construction of a gas processing and liquefaction plant in Ust-Luga

The project involves the establishment of an integrated complex for natural gas processing and liquefaction in the vicinity of the Ust-Luga seaport. The feedstock for the facility will be ethane-rich natural gas from Gazprom's deposits in the Nadym-Pur-Tazovsk region, delivered via dedicated pipelines. "The project is being realised, which is the most crucial aspect. There hasn't been a single day when the facility was idle. The project will be completed, the only thing is that the project timeline is shifting to the right. Currently, the delay is estimated at two years. Given the circumstances we find ourselves in, this delay is entirely normal," stated Governor Alexander Drozdenko.

Modernisation of the fuel storage tank farm at the Moscow Refinery

The Moscow Refinery, operated by Gazprom Neft, is set to upgrade its fleet of storage tanks for both feedstock and finished products. The refinery plans to modernise the infrastructure and replace over 40 technological facilities, as announced by the plant. "The Moscow Refinery is systematically renovating its production within the framework of the modernisation programme. In the construction of new state-of-the-art facilities, we are employing technologies aimed at reducing environmental impact and ensuring maximum industrial safety," stated Vitaliy Zuber, the General Director of the Moscow Refinery.

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