The Board of Directors

6 billion 600 million rubles will be invested by the company "NefteChemServis" into construction of the second phase of the Yaya oil refinery in the coming year.

The Board of Directors has approved the consolidated budget of the Joint Stock company "NefteChemServis" for 2017 taking into account indexation of wages of workers up to 10%, as well as the "Investment program" has been approved according to which the funds will be used to purchase equipment and construction of the second stage of the Yaya oil refinery. In 2017 it is planned to finish reconstruction of the CDU / VDU, to start construction works on the complex of UK-1 and infrastructure equipment for electric power and water supply facilities of the second stage.

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