page_title: Lukoil
section_title: Petrochemistry
hierarchical_section_title: Lukoil / Operations / Petrochemistry
caption_attribution_description: Български: Заводът на Лукойл Нефтохим при Бургас
context_page_description: The PJSC Lukoil Oil Company is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, and petroleum products. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. Its name is the combination of the acronym LUK and the English word "oil".
  Lukoil is the second largest company in Russia after Gazprom, and the largest non-state enterprise in the nation in terms of revenue. Internationally, it is one of the largest global producers of crude oil. In 2012, the company produced 89.856 million tons of oil per day. The company has operations and subsidiaries in more than 40 countries around the world.
context_section_description: The subsidiary company Lukoil-Neftekhim specializes in petrochemistry, and operates the Stavrolen (Budyonnovsk), Saratovorgsintez, and the Karpatneftekhim (Kalush, Ukraine) petrochemical plants. Petrochemical facilities are also part of the Neftochim Burgas Combine in Bulgaria. "Lukoil" is the largest producer of alkene and acrylonitrile in Eastern Europe. Together with Sibur, Lukoil-Neftekhim owns a controlling stake in the Polief plant.
  In 2005, Lukoil-Neftekhim's petrochemical enterprises produced 1.8 million tons of commercial products, including 402,000 tons of polyethylene and 128,000 tons of acrylic acid nitrile. In addition, 372.5 thousand tons of petrochemical products were produced at the Bulgarian oil refinery Lukoil Neftochim Burgas.
  One of the most important petrochemical projects of Lukoil is the construction of the Caspian gas chemical complex. The complex would produce a wide range of petrochemical products, including products of basic organic synthesis, polyethylene, and polypropylene.
caption: The Lukoil Neftochim Burgas refinery in Burgas, Bulgaria.
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