Russia’s Lukoil improves ‘efficiency of refining’ of unit in Bulgaria

Russian oil company Lukoil said on May 20 that it has improved the efficiency of its refining activities in Bulgaria with the recent inauguration of a complex to process heavy residues.

Lukoil said that the efficiency of refining will improve through increased production of light fuels which have high added value. It added that Lukoil President Vagit Alekperov attended the inauguration.

The refining depth will reach 90 percent and the energy efficiency will also grow, while lower emissions of greenhouse gases will produce a significant positive environmental impact.

“The new facility will turn out high-quality petroleum products (fuel gas, gasoline, diesel fuel and vacuum gasoil), all compliant with the European Union’s most stringent requirements,” Lukoil said.