TNK-BP upgrading Ryazan refinery in Russia

TNK-BP said it will invest $537 million to add isomerization and cat-cracked gasoline hydrotreating capacity at its 340,000 b/d Ryazan refinery about 120 miles southeast of Moscow.

The upgrade will provide for total production of Euro-5 motor fuels. Currently, 49% of the refinery’s fuels meet that standard.

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