Construction of an oil refinery by Rosneft in Chechnya will begin next month, the head of the republic, Ramzan Kadyrov, told RIA Novosti today.
As a source in Grozneftegaz told RIA-Novosti, the refinery's construction is expected to be completed by October 1, 2013.
Rosneft owns seven refineries in Tuapse, Komsomolsk-on-Amur, Achinsk, Angarsk, Syzran, Samara and Novokuibyshevsk, as well as a number of marketing companies. The company also holds licenses for a number of promising gas fields, including the Vankor block (Vankor oil and gas field).