Novatek operates the Ust-Luga refinery, which is located in Leningrad Oblast, Russia. It is a non integrated refinery owned by Novatek. The refinery, which started operations in 2013, has an NCI of 1.5.
Key processes of the refinery
Condensate Splitter (mbd): 120
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The capacity of the refinery is expected to remain the same as 120mbd by 2030.
During the period 2021-2025, the Ust-Luga refinery is expected to witness an estimated capex of $146.25m.
Upcoming expansion projects at Ust-Luga refinery
Other Hydrocracker, Hydrogen Unit
About Novatek
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By GlobalDataNovatek (Novatek) is an independent oil and gas company. The company explores, produces, processes, and markets liquid hydrocarbons and natural gas. Its licensed producing fields include, Yurkharovskoye, South-Tambeyskoye, West-Yaroyakhinskiy and Beregovoy among others in the Yamal-Nenets Autonomous Region (YNAO). It operates Purovsky plant and Ust-Luga complex. The company produces jet fuel, light and heavy naphtha, heating oil and gas oil. The company sells naphtha, stable gas condensate, gas condensate refined products, crude oil, liquefied petroleum gas and natural gas to Europe, Asia Pacific, North America, Middle East and Latin America. Novatek is headquartered in Moscow, Russia.
Methodology
Information on the refinery is sourced from GlobalData’s refinery database that provides detailed information on all active and upcoming, crude oil refineries and heavy oil upgraders globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.