ANNUAL REPORT 2005 - Lukoil

ANNUAL REPORT, 2005
$18 million. Launch of the facility enables the Refinery to produce high-quality calcinated coke, which is
a saleable product used in aluminum smelting (without need for further processing). In addition, use of
hot gases emitted in the calcination process partially covers the Refinery's heat needs. Commissioning
of the second stage of the facility is scheduled in 2009. It will raise annual capacity to 280,000 tonnes,
enabling calcination of the entire volume of petroleum coke produced at the Refinery.
Work continued on a new catalytic reforming complex at Volgograd with 1 million tonnes annual
capacity. The complex is due for completion in the third quarter of 2006 and it will increase the
Refinery's output of high-octane gasolines, demand for which is growing rapidly.
Documentation was also prepared in 2005 for installation of an isomerization unit at the Volgograd
Refinery. Commissioning of the unit, with annual capacity of 385,000 tonnes, is scheduled for the
fourth quarter of 2007, and it will enable the Refinery to start production of high-octane gasolines to
Euro-3 and Euro-4 standards.
Specialists at the Perm Refinery designed and implemented a number of measures in 2005 to ensure
stable and efficient functioning of the deep refining complex at Perm.
Overhaul of the vacuum unit on Atmospheric and Vacuum Distillation Unit-4 was completed, enabling
deep vacuum refining of fuel oil in order to increase hydrocracking inputs. Commissioning of the unit
after its overhaul gave additional 240,000 tonnes annual volumes of vacuum gasoil for hydrocracking.
The Perm Refinery also commissioned an assembly for injection of additives to diesel fuel on the hydrodearomatization
unit, so that all diesel fuel produced at Perm now meets the European EN-590 standard.
The atmospheric distillation unit at the Nizhny Novgorod Refinery was supplemented by a vacuum
distillation unit in 2005, increasing output of vacuum gasoil. Further installation of bitumen visbreaking
and catalytic cracking facilities will mean that the Refinery can produce all of the inputs to its vacuum
gasoil hydrotreatment facility.
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