STAVROLEN PLANT STARTS USING SOLAR ENERGY

Monday, October 11, 2021

LUKOIL continues its work to reduce controlled greenhouse gas emissions at its production facilities. The Company began supplying electricity to its Stavrolen petrochemical plant (Budennovsk, Stavropol region, Russia) from LUKOIL's own solar power plant (SPP) located at its Volgograd refinery. About 11 million kWh are expected to be supplied annually.

The use of renewable power generation will enable Stavrolen to reduce carbon footprint of its products with expected reduction of indirect emissions by almost 5 thousand tonnes of СО2 per year.

The development of renewable power generation for own needs is an important tool of the Company's decarbonisation program. LUKOIL plans to continue to implement such projects in accordance with its climate strategy. ​​

19/11/2021 - LUKOIL STEPS UP IN TPI CLIMATE RATING

PJSC LUKOIL announces that the TPI (Transition Pathway Initiative) international climate rating has upgraded its assessment of the quality of the Company's carbon management system to level 3 (out of 4 possible).​

26/05/2021 - LUKOIL OPENS ITS SECOND SOLAR POWER PLANT IN VOLGOGRAD

Deputy Minister of Energy of Russia Pavel Snikkars, Governor of the Volgograd region Andrei Bocharov, First Executive Vice President of LUKOIL Vadim Vorobyov, and Chief Executive Officer of Hevel Group Igor Shakhray took part in today's opening ceremony of LUKOIL's 20 MW solar power plant (SPP) in the Volgograd region.

05/10/2020 - LUKOIL STARTS CONSTRUCTION WORKS AT SECOND STAGE OF VOLGOGRAD SOLAR POWER PLANT

​​LUKOIL entered the construction phase of the second stage of the solar power plant (SPP) project that is currently underway on the premises of LUKOIL's Volgograd Refinery. 

The commissioning of the second stage of the SPP will result in incremental generation of more than 24 million kWh of green electricity per year. This is equivalent to an annual reduction of CO2 emissions by 12 thousand tonnes.​​

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