Tatneft to finance the ethylene complex of Nizhnekamskneftekhim.
Edited by Rhod Mackenzie / 2016-05-04 06:24:45
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Shares Russia Oil and Gas Oil Production and Refining Tatneft
The Russian oil company "Tatneft", ranked sixth in the country for the volume of oil production, would supply raw materials for the new ethylene complex of PJSC Nizhnekamskneftekhim (NKNKh) with the capacity of 1.2 million tons per year and could take part in the financing of its construction, the President of Tatarstan Rustam Minnikhanov stated at a press conference in Kazan.
"The new 6-million plant (the second refinery of "TANECO", which "Tatneft" is building with the capacity of 6 million tons) is fully focused on the delivery for a new complex of Nizhnekamskneftekhim", - he stated.