Slavneftegaz to Build $1.9 Billion Oil Refinery, Kommersant Says

OOO Slavneftegaz plans to build a $1.9 billion oil refinery with a capacity of 3.7 million metric tons a year in Russia’s Bryansk region, Kommersant said citing Vyacheslav Dubinnikov, general director of the Moscow-based company.

It is not clear how construction of the plant, planned for 2015, will be financed or where it will get crude feedstock, Kommersant said.

To contact the reporter on this story: Stephen Bierman in Moscow sbierman1@bloomberg.net.

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net.

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