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Narva Oil Plant

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Narva Oil Plant overviewEdit

Narva Oil Plant (Estonian: Narva Õlitehas), is run by a subsidiary of Estonian owned Eesti Energia and is a producer of oil from the nation's oil shale. It operates a commercial scale oil shale to oil retorting plant, located in Narva, Estonia.

  • Firm type = State run.
  • Date of foundation = ?
  • The chief executive officer (CEO) = ?
  • HQ location = Narva.
  • Number of employees in 2012 = ?
  • Corporate parent company = Eesti Energia.
  • Industry sector = Fuel
  • Corporate revenue = ?
  • Products = Oil and oil shale.
  • homepage = [1]

Corporate historyEdit

The oil shale retorting plant (the UTT-3000 refinery) was built by the Soviets in the late 1970s next to the Eesti Power Plant to provide its oil output as a start-up fuel for the power plants Eesti Power Plant and Balti Power Plant . The plant was commissioned in 1980 and since beginning of 1990s, the oil plant operated as a part of the Narva Power Plants. The oil plant was corporately separated from the power plants and a new subsidiary of Eesti Energia was established in September 2007.

In May 2009, Eesti Energia announced that it plans to build a new shale oil plant adjacent to the existing plant with processing capacity of 2.26 million tonnes of oil shale per year. 290,000 tonnes of oil and 75 million cubic meters of gas per year according to the listed spesifications. The planed cost of the new oil plant is officially said to be approximately 3 billion Estonian kroons (or €191.7 million, US$264.2 million). The construction was launched in the second half of 2009, and it is expected to be commissioned in 2012 if everything goes according to plan.

Environmental policesEdit

Subsidiary groupsEdit

None.

Corporate statisticsEdit

  • Revenue- ?
  • Profit- ?

ManagementEdit

  • C.O.E.-?
  • M.D.- ?
  • Finances- ?

Also seeEdit

ReflistEdit

  1. [ . ]

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