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Company in Mass Media

“Rus’-Oil” to build a mini-refinery by end of 2017


Rus’-Oil LLC is set to build a mini-refinery as part of its cost optimization and cost-cutting program scheduled to run until 2019, the company’s press service reported today.

The company states the decision was made taking into account its internal demand for motor oil.

“We are planning to start construction simultaneously on all oil fields in Q1 2017”, Rus’-Oil press service confirmed to RNS.

The launch is scheduled for late 2017.

The new mini-refinery is expected to have an annual production capacity of 10,000 to 30,000 tons of diesel. “Production capacity will be in line with the demand – between 10,000 and 30,000 tons of diesel”, the company spokesman explained.

Rus’-Oil, established in 2013, currently controls overall reserves of 147 million tons, according to DeGolyer & MacNaughton 2016 estimates. It manages several oil-and-gas enterprises, including the likes of Dulisma, Polyarnoe Siyanie, Gustorechenskoe, Irelyakhneft, and Razvitie Saint Petersburg.