Bloomberg News

Gazprom Neft Builds Hydrocracking Unit at Omsk to Improve Diesel

October 24, 2012

OAO Gazprom Neft, the liquids arm of Russia’s natural-gas exporter, finished building a hydrocracking unit to boost the quality of diesel from its Omsk plant.

The unit is able to produce 3 million metric tons of so- called Euro-5 diesel a year, Gazprom Neft said in a statement today on its website. The company spent a 15.9 billion rubles ($508 million) to build the hydrocracking unit and an earlier facility that was started this year, allowing all Omsk motor fuels to meet Euro-4 and Euro-5 specifications in 2013.

To contact the reporter on this story: Stephen Bierman in Moscow at sbierman1@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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