KIEV, April 13 – The TNK-BP Group plans to invest $500 million in the upgrade of CJSC LINIK (Lysychansk oil refinery Linos, Luhansk region), German Khan, CEO of OJSC TNK-BP Management (Moscow), said.

"We've decided to invest $500 million in the next three years. The funds would go to deepen refining and improve the quality of fuel to the Euro-4 standard," he said in an interview with the Kommersant-Ukraine newspaper published on Monday.