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.

Petrobrazi, boasting an annual refining capacity of 4.5 million tons/year of crude oil, stands as one of Romania’s foremost refineries. It serves as a pivotal hub where crude oil undergoes processing, resulting in a diverse array of high-value petroleum products, ranging from gasoline and diesel to LPG and aviation fuel. Presently, Petrobrazi operates at exemplary environmental and performance standards, capable of refining the entire equity crude oil production of OMV Petrom. In a strategic move towards sustainability, the Romanian oil company plans to construct 55MW of green hydrogen projects at its Petrobrazi refinery, located 60km north of Bucharest. This initiative involves the installation of two electrolysers, one with a capacity of 35MW and the other with 20MW. The renewable hydrogen generated will be utilized in the production of bio-based sustainable aviation fuel (SAF) and biodiesel, marking a significant step towards reducing carbon emissions in the aviation sector.

Ain Tsila is a gas condensate field situated in the Illizi Basin, Algeria, located within the Isarene permit in Blocks 228 and 229a. The Ain Tsila field boasts reserves amounting to 2.1 trillion cubic feet of sales gas, alongside 67 million barrels of condensate and 108 million barrels of liquefied petroleum gas (LPG). Discovered in 2009 through the successful drilling of the Ain Tsila-1 well, this gas condensate field garnered significant recognition, ranking as the ninth-largest discovery globally for that year. Spanning an extensive area exceeding 1,000 square kilometers, Ain Tsila represents a substantial addition to the energy landscape.