Russia bolsters military potential in South to respond to emerging threats — defense chiefMilitary & Defense July 26, 16:09
Moscow to frame stance on new sanctions once US bill becomes lawRussian Politics & Diplomacy July 26, 16:03
Kazakhstan hopes to develop its own module for joint space station with RussiaScience & Space July 26, 15:34
EU diplomats move to slap more sanctions on Russia over Siemens turbines furorBusiness & Economy July 26, 15:11
London court binds Ukraine to pay par value of Eurobonds to RussiaBusiness & Economy July 26, 15:05
Siberian scientists suggest using fluorescent proteins to analyze toxicityScience & Space July 26, 14:56
Moscow Zoo’s breeding center home to world's endagered speciesSociety & Culture July 26, 14:53
EC announces readiness to defend European interests against US sanctionsBusiness & Economy July 26, 14:24
Official says it's up to Turkey as NATO member to decide on purchase of Russian S-400World July 26, 14:09
MOSCOW, October 11 (Itar-Tass) - Russian President Vladimir Putin will visit the Tuapse oil refinery in Russia’s southern Krasnodar Territory on Friday, October 11. He will see how the production cycle is being modernized and will attend a ceremony of commissioning a new primary crude oil processing unit, the Kremlin press service reported.
The Tuapse oil refinery is owned by Russia’s oil major Rosneft, which said on its website that this enterprise in the only Russian oil refinery on the Black Sea coast. It refines oil produced in Russia’s West Siberian and southern regions and specializes in the production of motor fuels. The Tuapse oil refinery exports about 90 percent of its products via the Tuapse oil terminal.
The plan of modernization of the Tuapse oil refinery that was commission in 1929 provides from the construction of a new refinery without the halt of the existing production line. The plan is geared to increase the capacity from 4.5 to 12 million tonnes of oil a year and increase the oil refining efficiency from 54 to 98.5 percent to produce Euro-5-class products.
Apart from that, Putin is expected to meet with Siemens AG CEO Joe Kaeser to discuss the company’s investment projects in Russia and key cooperation areas, the press service said.
The German concern is currently implementing a number of projects in Russia. Thus, it builds high-speed trains Sapsan and Lastochka and plans to expand its presence in Russia.