Since 1958, the Nizhny Novgorod refinery is located at Kstovo, Nizhny Novgorod Oblast, in central Russia, where Lukoil has been in operation since 2002. The region is home to LLC LUKOIL-Nizhegorodnefteorgsintez, one of the largest petroleum refineries in Russia, and to LLC LUKOIL-Nizhegorodniiproject, a design institute. It is also one of the biggest refineries of the Group and one of the biggest refineries in Russia. In 2017, Lukoil took the final investment decision on the construction of a delayed coker complex with a feedstock capacity of 2.1 million tonnes per year at its Nizhny Novgorod Refinery. The complex will use heavy residuals from the refining process as feedstock, and produce mainly diesel fuel, straight-run gasoline, and gas fractions, as well as vacuum gas oil and coke.

Several EPC contracts were awarded in 2018, including KT Kinetics Technology, a subsidiary of Maire Tecnimont, who was awarded 2 EPC contracts for five refinery process units as part of the deep conversion complex project for the refinery.

FERBECK INTERNATIONAL SA has been awarded an EPC contract of an 80 meter-high-steel stack by KT.