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Vladimir Putin will visit Tuapse Oil Refinery

October 10, 2013

The President will inspect the ongoing modernisation at the refinery, and take part in the launch of a new oil distillation unit.

Renovations at the plant will increase the volume of oil processed from 4.5 to 12 million tonnes per year, increase the refinery yield from 54% to 98.5%, and receive a Euro 5 environmental standard.

During his trip, Vladimir Putin will meet the President and CEO of Siemens Joe Kaeser. They will discuss the prospects of Siemens Group’s investment projects in Russia.

October 10, 2013