Supported byClarion Energy
HomeUncategorizedRussian NeftegazInKor invests...

Russian NeftegazInKor invests 700 mil euro in Bosnian refinery

 

 

Russian oil company “NeftegazInKor”which is major shareholder of oil refinery in Bosanski Brod plans to invest 700 mil euro in next four years announced Aleksandar Djakonov the director of Optima Group which manages the oil production factory and refinery on behalf of the Russian company.

In an interview for Sarajevo daily news paper Oslobodjenje, so far into modernization of the refinery it was invested more than 120 mil euro, and planed 4 year investment cycle has the goal to modernize the facility to the highest European standards.

Upon completion of the investment cycle the refinery will have full capacity of 4,2 mill tons of oil, stated Djakonov.

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Higher EU carbon price raises CBAM cost of Serbian electricity exports

The cost of exporting Serbian electricity to the European Union under default CBAM emissions values has climbed to around €85.70/MWh in the third quarter, strengthening the commercial advantage of wind and solar producers able to demonstrate verified actual emissions. The...

Bulgaria builds 15 GWh battery pipeline to strengthen Southeast Europe’s power flexibility

Nearly €1 billion in public support has helped underpin around 3 GW of solar generation and 15 GWh of battery storage capacity in Bulgaria, strengthening the country’s position as one of Southeast Europe’s emerging flexibility markets. The European Bank for...

Romania approaches electricity import limit as Turceni outage tightens power supply

Romania is moving closer to the physical limits of its electricity import capacity as domestic generation weakens and regional power markets tighten. The situation became more critical after another 285 MW coal-fired unit went offline, increasing the country’s exposure...
Supported byVirtu Energy