YUUPK build in the Orenburg region the complex of deep processing of hydrocarbons

© RIA Novosti / Valery Genkompanii photolanguage in Russia. Orenburg. Archival photoYUUPK build in the Orenburg region the complex of deep processing of hydrocarbons© RIA Novosti / Valery Genkompanii the image Bank

South Ural industrial company began construction in the Orenburg region of complex of deep processing of raw hydrocarbons with a capacity of up to 1.5 million tons per year, investments will amount to 12 billion rubles, told RIA Novosti the representative of the press service of the Governor and government of Orenburg region.

The company will produce a wide fraction of light hydrocarbons, vacuum gas oil and road bitumen.

«The new project of the South Ural industrial company will contribute to the successful development of the oil and gas industry not only in the Orenburg region, but also our neighbor — Kazakhstan. In the course of inter-state dialogue at the highest level has repeatedly said about the importance of cooperation between border regions of two States. In this case solved and this important economic challenge. The launch complex into operation will open new horizons for the regional fuel and energy complexes on both sides of the Russian-Kazakh border,» — quoted the press service of the Governor of the region Yuri Berg.

The press service added that South Ural industrial company is investing 12 billion rubles. The new complex will provide jobs for 300 of Orenburg and increase tax revenues to the regional budget.