Russian energy company Lukoil Oil Company plans to infuse $101 million in its Romanian refinery Petrotel Lukoil until 2021.

The company plans to renovate the coking plant, where a $71.8 million project will be wrapped up in 2021.

Lukoil Oil plans to construct a new sulfur recovery complex with a 2021 deadline.

The company said it will put effort to optimize the whole technological processes.