14:00 04.02.2015

Ukrgazvydobuvannia wants to launch diesel fuel hydrofining unit at Shebelynka gas plant in Oct 2015

1 min read
Ukrgazvydobuvannia wants to launch diesel fuel hydrofining unit at Shebelynka gas plant in Oct 2015

Public joint-stock company Ukrgazvydobuvannia plans to launch a new diesel fuel hydrofining unit at Shebelynka gas plant in October 2015, the company's press service has reported, referring to Board Chairman Serhiy Kostiuk.

"In October 2015, we plan to launch a new diesel fuel hydrofining unit at Shebelynka gas plant which will comply with the Euro-4 fuel standards," the press service said, citing Kostiuk.

In addition, in 2015 Ukrgazvydobuvannia plans to start building the petrol isomerization unit to produce Euro-4 and Euro-5 petrol.

"The expected cost of the installation of the isomerization unit is around UAH 2 billion. It will take 2.5 years to realize the investment project. Over the period Ukrgazvydobuvannia intends to raise the required funds with the condition that Naftogaz Ukrainy buys natural gas at the price which will cover the production cost," Kostiuk said.

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