Within the framework of his working visit to Odesa region President Victor Yushchenko took part in a ribbon cutting ceremony at LUKOIL Odessa Refinery and took a tour of the reconstructed facility, according to the President`s press-office.

In his speech during the ceremony President Yushchenko noted that the facility is very important for Ukraine, for as Odesa Regional Administration head Mykola Serdyuk mentioned, the refinery is capable of bringing around 147 million hryvnyas to the Ukrainian budget annually with 12 million coming directly to Odesa regional budget.

Addressing LUKOIL’s President Vagit Alekperov, Victor Yushchenko said that the Ukrainian side highly appreciates company’s activity in our country. From his part Mr. Alekperov assured those present that the refinery shall be producing oil products of the best European quality. “I am sure the refinery will be working for welfare of Ukraine”, - he said.

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