We use cookies
to help provide you with a good experience on our website. By continuing to browse the website, you are agreeing to our use of cookies.

RusKhimAlyans, Linde, and Renaissance Heavy Industries entered into an EPC contract

CIS PETROCHEMICALS

RusKhimAlyans, Linde, and Renaissance Heavy Industries entered into an EPC contract

The contract stipulates that the consortium of Linde and Renaissance Heavy Industries will carry out the design works, equipment supplies, construction, and commissioning of gas processing and off-site facilities at the Gas Processing Complex near Ust-Luga (GPC, part of the Complex for processing ethane-containing gas; the GPC operator is RusKhimAlyans, a joint venture of Gazprom and RusGazDobycha) - Gazprom press-service informs.

In line with the agreements reached and the project implementation plans, the consortium intends to begin operations at the construction site as early as this June.

RusKhimAlyans and SOGAZ inked a Memorandum of Understanding with the purpose of establishing and advancing a strategic partnership to create an effective system for insurance protection during the implementation of investment projects by RusKhimAlyans. SOGAZ is expected to prepare proposals on possible improvements to the insurance coverage mechanism in the interests of RusKhimAlyans.

The document outlines the basic terms and conditions of long-term arrangements on the joint use of the infrastructure of Gazprom's Amur Gas Processing Plant (GPP) for the construction of the Amur Gas Chemical Complex (GCC) of SIBUR. For instance, it is planned to use the structures and facilities built by Gazprom, namely, the wharf on the Zeya River, access roads for motor vehicles, vehicle ramps, and railway infrastructure.

Relevant news

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
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
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.
CIS PETROCHEMICALS
Gazprom, RusGazDobycha and NIPIGAZ make decision to terminate EPC contract for Ust-Luga Gas Processing Complex
Gazprom, RusGazDobycha and NIPIGAZ have decided to terminate the business relationship under the EPC contract for the creation of the Gas Processing Complex.
CIS PETROCHEMICALS
Russian SIBUR announced Full Year 2020 financial & operating results
SIBUR announced today its operating & financial results for the Full-Year 2020.
CIS GAS MONETISATION
Sibur, Gazprom Neft and Uzbekneftegaz consider investing in Shurtan Gas Chemical Complex
The cooperation agreements were signed by the 2 Russian companies and Uzbekneftegaz last week during an official visit to Moscow by a delegation from Uzbekistan’s energy ministry.