Support The Moscow Times!

LUKoil Expands in Bulgaria

LUKoil said Wednesday it is building a diesel-producing unit at its Burgas refinery in Bulgaria, which will allow it to increase exports of cleaner fuels.

The heavy residue hydrocracker will be completed by 2012, said Mikhail Antonov. The project allows the company “to get rid of [high-sulfur fuel oil] and convert it into Euro-5 diesel,” he said.  

LUKoil also has a stake in the Vlissingen refinery in the Netherlands, where a hydrocracker is to be expanded, Antonov said. The unit, which runs on vacuum gasoil, will be able to process 3.8 million metric tons annually within four years, versus 3.5 million tons now.


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.