In 2015, investments in Russian oil processing to decrease by 9.6%
Edited by Rhod Mackenzie / 2015-07-28 02:04:46
Diesel Oil and Gas Refining Russia Petrol Processing Russia Oil and Gas Bashneft Oil Production and Refining
In 2015, the volume of investment into oil refining in Russia will decrease by 9.6% as compared to 2014.
In monetary terms, the figure in 2015 could reach 463 billion rubles. This is stated in the message of the Russian Ministry of Economic Development dated July 28th, 2015.
The reduction of the investment into refining in 2015 is predicted taking into account the decline in the demand in Russia and the world economic situation on the oil market and the desire of oil companies to optimize their investment costs.
