Project summary and targets
The project aims to create a highly effective vertically-integrated structure
covering the full operational cycle from geological exploration and oil extraction to its deep processing and sale of the end product

Project initiator
Joint-Stock Company «Alania Oil»
93 Kosta pr., Vladikavkaz, Republic of North Ossetia-Alania, 362008
tel.: (8672) 55-08-18, 25-44-82,
e-mail: .(JavaScript must be enabled to view this email address),
Director General - Mr. Vladimir Maratovich Gutiev

Project implementation area
Vladikavkaz, Digorskiy and Ardonskiy districts, Republic of North OssetiaAlania.

Targeted production
Fuel and lubricant products. The overall production capacity of «Alania-Oil»
will reach 199 thous. tons of oil products per year.

Potential consumers
Republic of North Ossetia-Alania

Total project value
1161,0 mln RUB

Project investments
337,0 mln RUB

Project investment period - 60 months

Project implementation period - 3 years from the bank loan approval

Current status of the project implementation
The business plan and licenses for the use of subsurface resources are available.

Possible forms of participation in the project
Upon negotiations with potantial partners.

Supporting information
In order to expand the project capacity two state licenses for the use of subsurface resources in adjacent areas were received in 2013, that increased
the mineral resource base of the project by 5,2 mln tons of oil. The estimated
revenue after reaching the full capacity - 1 736, 6 mln rubles.