LOTOS makes deal with Linde AG, Engineering Division

LOTOS has chosen German Linde AG, Engineering Division as the general contractor for its oxygen generation unit which will be part of the company's project to expand the refinery’s deep conversion capacities (the EFRA Programme), a company press release read. The contract was signed on September 10. The unit will be owned by Grupa LOTO, the other facillites which are to be constructed in line with the project will belong to LOTOS Alfalt. Construction work is to be completed by June 2017. With the EFRA Programme’s units, the refinery in Gdańsk will add up to 900,000 tonnes to its annual fuel output and will also produce 350,000 tonnes of coke. The Programme is expected to increase the refining margin by some USD 2 per each barrel of oil processed. The total capital expenditure amounts to nearly PLN 518 million. The construction deadline is scheduled for the second quarter of 2018.