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Odesa  >  News  >  Industry
Odesa Oil Refinery Lukoil gets another tranche of USD 200 thousand
Aug 09 2011, 11:04

ODESA, AUGUST 9th, 2011, CONTEXT-PRICHERNOMORIE — Odesa Oil Refinery Lukoil has got another tranche of USD 200 thousand, Context-Prichernomorie correspondent reports.

The agency has been informed about it today, 9 August, at the press service of the Securities and Stock Market State Commission.

The date of the tranche transfer of USD 200 thousand (equivalent to UAH 1 million 594 thousand 240) is 8 August, 2011. The debt holder is SLB Invest Limited, Cyprus.

The loan closing date is 1 September, 2011. The rate of interest is floating, at present making 3.5 per cent per annum. The duration of agreement is 14 months.

The company’s net worth is UAH 1 billion 422 million 669 thousand, as of the beginning of 2011. The balance between the borrowed amount and the net worth as of the beginning of the reporting period made 190.774%.

INFORMATION: Odesa Oil Refinery was put into operation in 1937 as a cracking plant. In 2000 it was renamed to OJSC Lukoil Odesa Oil Refinery. 97 % of the shares are held by Lukoil – a Russian oil company. After a long reconstruction the plant’s operation was resumed on 18 April 2008. As the result of its reconstruction its processing depth was increased from 56 % to 80 %, while its production capacity remained 2,8 million tons per year.

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