Dinaz to start Latvian refinery construction in 2010

Uchenna Izundu
International Editor

LONDON, Feb. 20 -- Latvia's Dinaz said it plans to start construction of the country's first refinery in 2010 so it can reduce product imports.

Dinaz Pres. Nikolay Yermolayev said the €2 billion, 6 million tonne/year refinery would be built near Daugavpils just north of the Belarus-Lithuania border. The greenfield site is 4 km from Druzhba pipeline, which transports Russian oil to Europe.

Yermolayev said the company is conducting a feasibility study for the refinery and will start the environmental process in 2009. Dinaz also is seeking partners in developing the refinery.

Separately, Dinaz also plans to construct a 10 million tonne/year oil terminal in Riga that would increase its trade links and improve domestic fuel trading, Yermolayev said.

Contact Uchenna Izundu at uchennai@pennwell.com.

Related Articles

Phillips 66 considers splitter at Sweeny refinery

03/21/2014 Phillips 66 is evaluating the potential for the addition of a condensate splitter near its 247,000-b/d Sweeny refinery in Old Ocean, Tex., just sou...

Second small diesel refinery planned for North Dakota

03/21/2014 Quantum Energy Inc. (QEI), Tempe, Ariz., said it has secured land for the construction of a 20,000-b/d grassroots hydroskimming refinery in North D...

WoodMac: Global ethylene demand, production on the rise

03/20/2014 Ethylene-producing assets that have access to low-cost natural gas feedstocks, such as the ones in North America, will lead the competition in glob...

Chevron’s Richmond refinery project advances

03/19/2014 The city of Richmond, Calif., has released a long-awaited draft environmental impact report (EIR) for Chevron Corp.’s $1 billion modernization proj...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected