9 Jun '09
State-run oil company Rosneft is considering a partnership for its Primorsky oil refinery project in Primorsky Region, vice-president Peter O’Brian said today.
According to him, a partner can be either Russian or international.
The oil refinery will be reportedly built on the Pacific coast.
The projected capacity of its first stage is 10 million tons a year; the total capacity is 20 million, the vice-president said.
The estimated cost of the project is a reported $5-7bn.
According to Rosneft, 90% of Primorsky’s products will be exported.