<p>Lukoil commented that the power station, which is due to be commissioned in December 2007, will consist of six gas turbine power-generating units, and that associated gas produced in the company's Kogalymneftegaz fields would be used as fuel. The new facility will become the company's largest self-generation unit. <br /><br />Vagit Alekperov, Lukoil's president, commented: We are considering possibilities of constructing another several hundred gas and energy complexes which will help safely supply electric power to our fields, increase utilization volumes of associated gas and place orders for constructing appropriate high-technology equipment at domestic engineering and energy industry enterprises.<br /><br />Lukoil said that, at present, it has over 180 power generation units with a combined capacity of 65MW. According to Platts, the company's plans to expand this capacity are in line with those of other Russian oil companies, which are embarking upon generation developments to fulfill their own power needs. <br /><br />Lukoil's announcement coincides with PetrolPlaza's claim that the company has abandoned plans to invest between $2 billion and $2.5 billion in a new eight million to 10 million tons per year crude oil refinery in Turkey. The industry publication has reported Mr Alekperov as commenting that the company instead plans to increase the capacity of its Burgas, Bulgaria facility from 7.5 million to 10 million tons per year.</p>
