KIEV, March 11 - Russian oil major TNK-BP plans to invest $41.2 million in modernization of its Ukrainian oil refinery Linos in 2009, the press service of TNK-BP Ukraine, TNK-BP’s Ukrainian subsidiary, reported Wednesday.

A half of the investment, or about $20 million, will be spent on modernization of the refinery’s depreciated equipment and catalytic agents, and will also support environmental security and labor protection, the company said.