Sace has guaranteed a loan of 144 million dollars to Taneco, a subsidiary of the Russian oil company Oao Tatneft, for the construction of a new refinery in the Republic of Tatarstan (Russian Federation). The intervention of the Export Credit Agency will cover the supply contracts awarded to various Italian companies including Mangiarotti, Officine Luigi Resta, Walter Tosto and Weir Gabbioneta.
The construction of the new refinery, whose total estimated cost is 7,4 billion dollars, will allow Taneco to produce, in line with the development plan, 148 barrels per day of gasoline, diesel, fuel oils, kerosene and naphtha.
