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The second stage of the Yaya oil refinery construction
"NefteKhimServis" officially announced the beginning of the second stage of the Yaya oil refinery construction.
At the next meeting of the Board of the regional administration the specialists of the Company presented the project of the second stage, designed for 5 years. The completion of construction is planned in 2019.
At this point, the capacity of the enterprise will be doubled and reach 6 million tons per year, and oil refining depth will be increased to 92 %, which will allow the Company to produce products that meet the Euro-4 and Euro-5 standards. Let us recall that the first stage of the Yaya oil refinery is completed with capacity of 3 million tons. About 20 billion rubles were invested. Investment amount of the second stage will be about 43 billion. After completion of the Yaya oil refinery construction in 2019, the Company will open an additional 400 new jobs and tax revenues to the budgets of all levels of operation of the plant will reach 13-14 billion rubles per year.