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Odesa  >  News  >  Industry
Odesa Oil Refinery Lukoil gets another tranche of USD 256 thousand
Jan 19 2011, 12:48

ODESA, JANUARY 19th, 2011, CONTEXT-PRICHERNOMORIE — Odesa Oil Refinery Lukoil has got another tranche of USD 500 thousand, Context-Prichernomorie correspondent reports.

The agency has been informed about it today,19 January, at the press service of the Securities and Stock Market State Commission.

According to their information, the date of the tranche transfer is 18 January, 2011. The debt holder is SLB Invest Limited, Cyprus.

The loan closing date is 1 September, 2011, the rate of interest is floating and is equal to 3.5% per annum. The duration of the contract is 14 months.

The company’s net worth is UAH 892 million 34 thousand, as of the beginning of 2010. The balance between the borrowed amount and the net worth as of the beginning of the reporting period made 44.038%.

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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