Lukoil begins work to upgrade its lube plant in Austria
OAO Lukoil was set to start in February works to build a lube and base oils complex in Austria.
The company marked the event with a ceremony held late January in Vienna which was attended by company president Vagit Alekperov.
“We are not only upgrading our Austrian lube- manufacturing plant but in fact we are constructing an integrated complex with a number of technological advantages, including the best possible logistic capabilities related to transportation and storage of base oils and end products, and a flexible production process compliant with the contemporary European standards of our key consumers, such as international car makers and equipment manufacturers,” Alekperov said.
