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The expansion and modernization initiative aims to significantly increase the refinery’s petrol production capacity, quadrupling it to 450 thousand tonnes per year. As a part of this project, the Combined Cycle has been revamped to utilize hydrogen generated by the new Platforming unit. Additionally, energy production has been optimized by recycling gas, resulting in a notable reduction in polluting emissions.

Located onshore Libya, the Abu Attifel and NC 125 fields are active in conventional oil production. Their peak production occurred in 1994, having already recovered 92.14% of their total recoverable reserves. Economic projections indicate that oil extraction will continue until these fields reach their economic limit by 2046. Presently, these fields contribute approximately 5% to Libya’s daily oil output.

The project involves upgrading the Reactor and Regenerator sections of the FCC Unit at Lukoil’s refinery in Bulgaria. This upgrade will boost the unit’s efficiency, enabling it to process more oil and produce higher-quality products. Additionally, it sets the stage for Lukoil’s future investments in the refinery, positioning the company for long-term success in the industry.