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“CPECG in Ust-Luga will triple Russia's share in the global oil and gas chemicals market”

The complex under construction in the Leningrad Region, will drive an increase in Russia's share in the world oil and gas chemicals market.

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CIS PETROCHEMICALS
CIS PETROCHEMICALS
TAIF planning to increase polypropylene production capacities
The management of TAIF JSC and Nizhnekamskneftekhim PJSC met with top managers of СМЕС and HQC to discuss the new PP capacity in Tatarstan.
CIS GAS MONETISATION
Novatek will reconfigure Obsky LNG project to produce hydrogen, ammonia
Russian non-state natural gas producer Novatek has decided to reconfigure its Obsky LNG project to produce ammonia, hydrogen and methanol
DOWNSTREAM CENTRAL ASIA
Uzbekistan in talks with Honeywell unit on refinery upgrade
Uzbekneftegaz, and Honeywell International, are in talks about upgrading the Bukhara Oil refinery.
CIS PETROCHEMICALS
Sibur expects Chinese banks to participate in financing of Amur complex construction
The plant will be ready for pre-commissioning and commissioning in time for the construction of the fourth production line of Gazprom’s Amur GPP (no sooner than 2024)
DOWNSTREAM CENTRAL ASIA
PM of Kazakhstan gives a start to gas processing plant construction at Kashgan oilfield
Askar Mamin has inspected the implementation of the major investment projects in petrochemical, gas, and oil equipment manufacturing.
CIS PETROCHEMICALS
Sibur and Linde to launch CO2 recycling project
The project is an integral part of SIBUR’s sustainable development strategy aiming to reduce GHG emissions by 15% by 20205, and as such it is expected to mitigate the impact of petrochemical production on the air quality.
DOWNSTREAM CENTRAL ASIA
Jizzakh Petroleum to finance new gas complex
Jizzakh Petroleum has signed a MOU with Russia’s banks for the financing of the new greenfield gas chemical complex
CIS PETROCHEMICALS
RusKhimAlyans, Linde, and Renaissance Heavy Industries entered into an EPC contract
In line with the agreements achieved the consortium intends to begin operations at the construction site in June 2021.
DOWNSTREAM CENTRAL ASIA
Sibur eyes 40% stake in Kazakh gas chemical complex
SIBUR, Kazakhstan’s national welfare fund Samruk-Kazyna, and KazMunayGas have signed a framework agreement for potential cooperation in petrochemical industry
CIS PETROCHEMICALS
Dow, LyondellBasell, Nova launch circular plastics investment fund
Dow, LyondellBasell, and Nova Chemicals have launched a closed-loop circular plastics fund to advance the circular economy.
BLACK SEA
OIL & GAS
First jacket in the Romanian Black Sea block installed by GSP teams
Romania’s GSP announced the successful installation, 120km off the coast of the Black Sea.
CIS PETROCHEMICALS
Russia fights to keep course on carbon and renewables amid budget squeeze
Russia’s next phase of renewable energy development looks like it won’t be as well-funded by the state as planned. That said, the announced cuts could have been worse, and corporates are stepping up plans to mitigate carbon, reports NEO.