Roman Golovchenko checks progress of investment project at Naftan

The construction and repair work at Naftan’s delayed coking facility is practically completed. The modernization at the company is well underway. This investment project is under special control, since Naftan is a strategic and profitable enterprise. One of the new facilities is a delayed coking complex, it should be commissioned this year. The degree of readiness of the new complex is 90%. As a result, Naftan will reach a new level in technology and will produce higher value-added products from crude oil.

The pace of implementation of the investment project was assessed by the Prime Minister

Today, the Prime Minister has estimated the pace of implementation of the investment projects. They discussed what had been done and whether the first batch of high quality fuel would meet the deadlines. After all, the cost of the project is impressive: more than a billion dollars. It is important that the facility quickly reached its design capacity and started paying off. Moreover, this product is in demand among our drivers.

External contracts are fully complied with

Naftan investment project means the increase of the share of light oil products up to 65%, we will be able to produce more gasoline and diesel oil. And most importantly, our diesel will suffice for our cars. Naftan aims at making and selling everything according to the business plan. All foreign contracts are completely fulfilled, as well as obligations to the domestic market. Raw materials are delivered on schedule from our Russian partners. Belarus is negotiating with other countries as well. This year the company has processed more than 7 million tons of oil, with an optimum utilization rate. We sell up to 60 % of the output outside Belarus. And there are 40 countries among our customers.