After 20 years in Romania, LUKOIL announces investments of more than 30 million dollars in Petrotel
Thursday, January 25, 2018
Petrotel LUKOIL announces new investments in their refinery in Ploiesti, over 30 million dollars by 2020, for improving environmental footprint. USD 7 million are earmarked for the modernization of the coking plant and nearly USD 26 million for the construction of a new sulfur recovery complex, which will lead to zero sulfur oxides emissions. After decades of financial losses, the refinery reported cumulative profits of 314 million lei in 2015-2016 and ...