RITEK prepares for increase in oil production in the Samara region

RITEK (100% subsidiary of Lukoil) has begun upgrading two oil treatment units, to which products from 32 fields that the company develops in the north of the Samara region is delivered.

Now capacity of the Aksenovskaya unit is 1.1 million tons of commercial oil per year. After the upgrade, its capacity will increase to 1.5 million tons per year.

In turn, the daily volume of production at the Kazakovskaya unit after completion of the first phase of the modernization will increase from 1 million tons per year to 1.1 million tons per year. It is planned that the first stage of the units modernization will be completed by end of 2015.

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