Tatarstan will introduce a complex of deep processing nefteothodov to the end of the year

© RIA Novosti / Boris to Babanovac in photomontagist. Archival photoTatarstan will introduce a complex of deep processing nefteothodov to the end of the year© RIA Novosti / Boris to Babanovac the image Bank

Commissioning work on the complex of deep processing of heavy residues of oil «TAIF-NK» must be completed before the end of the year, said the President of Tatarstan Rustam Minnikhanov on Monday.

«Until the end of the year, you must complete commissioning and commissioning of the complex for deep processing of oil residues «TAIF-NK», — said Minnikhanov in his annual address to the Parliament of the Republic of Tatarstan.

The cost of the project, according to him, is 1.7 billion dollars.

Among the strategic objectives of the petrochemical complex of the Republic Minnikhanov also mentioned the start on the complex «TANECO» new installation ELOU AVT-6 and bring the oil refining capacity to 14 million tons, started production of motor gasoline of Euro-5, as well as the implementation of the project for the construction of Nizhnekamskneftekhim’s new ethylene production capacity of 600 thousand tons, commissioning at «Kazanorgsintez» new pyrolysis furnace.

According to Tatarstan President, for the past 5 years the enterprises of the petrochemical complex of the Republic maintain a steady growth rate of investment, which is directed mainly to the implementation of breakthrough, high-tech, innovative projects. «It is important to maintain this positive momentum,» he said.

«In General, an urgent task is the development and adoption of the new program of development of petrochemical complex of Tatarstan. We need to move from setting goals and objectives for the next 5 years to more long-term. Need industry the ideology of forming of a qualitative leap in development. The priority should be projects on the use of oil as a valuable raw material for the petrochemical industry», — said Minnikhanov.

Construction of complex of deep processing of heavy residues of oil «TAIF-NK» was launched in November 2012. The complex includes a hydrocracker unit tar, hydrogen production, sulfur recovery, and a number of auxiliary installations and commodity parks. The processing capacity of the new complex will amount to 3.7 million tons per year. The depth of processing of oil «TAIF-NK» with the launch of the new complex will increase to 95%.

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