TNK BP Announces Ukraine CapEx Plans In Ukraine For 2005
28 March 2008
TNK BP plans to invest USD 13 mn in its Ukrainian gas stations chain and USD 32.9 mn in the development of Lysychansk refinery (LiNOS) in 2005. TNK BP?s network will expand from 51 gas stations at the beginning of the year, to 75 by year end. TNK-BP invested USD 25.7 mn in the Lysychansk refinery in 2004. The total cost of the project is USD 19.7 mn and the facility is expected to have a capacity of 300K mt of raw materials per year.
