Tuesday, September 20, 2011

LUKOIL to invest US$3 bln in petrochemical complex in Stavropol Territory

Russia's largest oil company LUKOIL plans to start construction of a petrochemical complex in Stavropol Territory in October, as per Russia 24, at an investment outlay of US$$3 bln.
As per a 112 billlion rubles construction deal inked by LUKOIL and the Stavropol Territory in Q3- 2009, the complex will be built in Budyonnovsk, with initial production scheduled to launch in 2015-2016.

For more details on LUKOIL to invest US$3 bln in petrochemical complex in Stavropol Territory click here

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