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Process modernisation project in Afipka Refinery, Russia

The second phase of Process modernisation project is being delivered at Afipka Refinery. By the end of this year, the volume of overall investment of refinery owner – JSC Neftegazindustria – in this project shall reach 15 bln. roubles.

 These resources will cover, in particular, combined atmospheric residue vacuum distillation and vacuum residue visbreaking unit construction costs.

In June 2016, OJSC Rosneft and JSC Neftegazindustria signed a supply agreement for 6.0-7.8 mln. tonnes of oil to be transported via pipeline to Afipka refinery in 3.5 years. Using pipeline in logistics is a major element of refinery’s efficiency enhancement.

The goal of Afipka refinery revamp is to increase the volume of feed processed and level of conversion as well as to improve product quality. The main project lender is JSC Sberbank of Russia and Euro Petroleum Consultants (EPC) provides technical consulting services to the lender.

 

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