Naftan, LUKoil venture to be registered April 10

Naftan, LUKoil venture to be registered April 10


A joint venture between Belarussian company Naftan and Russian oil major LUKoil to produce additives for motor oil will be registered on April 10, 2006, Belarussian First Deputy Prime Minister Vladimir Semashko said last Tuesday.
“According to agreements with LUKoil, we should register the joint venture with Naftan by April 10 to produce additives for motor oil,” Semashko said.
He said that “Naftan’s annual capacity for additive production amounts to 45,000 tonnes, but last year this capacity ...


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