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Recently, TASS News Agency (TASS) quoted Vagit Alekperov, head of Lukoil, Russia’s second largest oil producer, as saying that the company plans to invest US$3 billion in the production of petrochemical products in the next six years
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The project is part of Russia's efforts to improve fuel quality and ecological standards
The company expects the annual production capacity of the device to be 800,000 tons
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This will increase the company's annual gasoline output by 400,000 tons