In Dagestan, the construction of an oil refinery with capacity of 1 million tons per year

In Dagestan, the construction of an oil refinery with capacity of 1 million tons of oil per year with advanced processing and storage of petroleum products at the park 100 thousand tons, the news agency "Dagestan" referring to the Agency for Investment and Foreign Economic Relations of the Republic. 
According to the agency, today signed agreements between "Dagnoteh" and OOO "Ekskort" (Rostov-on-Don) for the purchase of storage equipment for oil in an amount of 17 units. Also part of the equipment purchased from its own sources. Also carried out the design and construction work.

The initiator of the project "Construction and operation of complex processing and storage of petroleum products" is LLC "Dagestan new technology." The cost of the first phase of the project amounts to 2,544,100,000 rubles. In total, the project will cost 7,100.0 million. Of these, the investor is already invested in the project is 913.8 million rubles. 

Resolution of the Government of Dagestan project given the status of priority investment project taxiway. The government assisted in financing the cost of the project documentation and project business plan.

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