Tyumen Oil to provide low-sulphur diesel to Russian customers soon

Jul 06, 2000 02:00 AM

Tyumen Oil, among the world's top 15 private oil companies and a leader in introducing environmentally friendly fuels to Russia, will begin supplying diesel fuel with less sulphur than the limits allowed under US, Russian, or European Union standards. Tyumen Oil will become the first Russian company to provide low-sulphur diesel to its Russian customers.
Tyumen Oil said that on August 1, it will begin supplying low-sulphur diesel fuel to approximately 100 stations in the Moscow region and Ryazan, where its principal refinery is located. The fuel will contain just 340 ppm of sulphur (0.034 % by weight), which compares with a maximum allowed by the US government of 500 ppm (0.05 %). The improvement reduces diesel-vehicle exhaust emissions of particulates and sulphur dioxide, which contribute to a host of air pollution problems.
"This is part of our strategy to supply our customers with products that are of high quality and are more environmentally friendly," said Simon Kukes, president and CEO of Tyumen Oil. "We were one of the first Russian companies to produce only unleaded gasoline in early 1998, the first to widely introduce high-octane gasoline and the first to commit to world-class service for our consumers."

Tyumen Oil has been working with ABB Lummus Global -- based in Bloomfield, NJ, and part of Switzerland-based ABB -- to modernise the Ryazan refinery, 120 miles south-east of Moscow. This year alone, the company is spending $ 90 mm on the project, in which hydro-treating equipment has been installed to reduce diesel oil's sulphur content. Eventually, Tyumen Oil will use $ 270 mm in loans -- the majority of it guaranteed by the US Export- Import Bank -- for Ryazan's modernisation.
The refinery, which ranks third among Russian refineries in output, will operate with modern air pollution control equipment to help reduce greenhouse gas emissions thought to contribute to global climate change. Initial air pollution control equipment will be in operation at Ryazan by September 1.
"Our goal is to make Ryazan one of the best refineries in Europe in its efficiency and environmental friendliness," said Viktor Tkachev, head of downstream operations at Tyumen Oil.

Established in 1995, Tyumen Oil is among the top 15 privately owned oil companies world-wide. It has 7.4 bn barrels of proven crude oil reserves and produces 480,000 bpd. TNK also has a network of 620 retail gasoline stations. The company belongs to two private owners, Alfa Group (Russia) and Access/Renova (United States/Russia).

Source: Tyumen Oil Co.
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