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Yaroslavl Refinery

Oil refinery in Yaroslavl, Russia From Wikipedia, the free encyclopedia

Yaroslavl Refinerymap
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The Yaroslavl Refinery (Russian: Ярославнефтеоргсинтез) is an oil refinery plant in the Russian city of Yaroslavl, one of the largest in the country. This refinery has belonged to the Russian company Slavneft since 2001.

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History

In 1952, the Soviet Ministry of Oil Industry selected the city of Yaroslavl as the site for a new oil refinery plant. The plant began operations in 1961, and expanded throughout the 60s and 70s.[citation needed]

In 1993, the refinery plant was privatized with the approval from Russian authorities, and soon became part of Slavneft.[1]

Throughout the 2000s, the company modernized much of the refinery plant, including the catalytic cracking units to boost production. These investments cost around $1.5 billion.[2]

In 2009, the company was estimated to be worth 12.9 billion rubles ($400 million USD).[3]

The main competitors for the refinery plant are: Ryazan Refinery, Kstovo Refinery, and Moscow Refinery.[4]

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References

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