MOSCOW (MRC) - SIBUR and Gazprom signed an agreement on cooperation on the use of infrastructure facilities of the Amur Gas Processing Plant (GPP) and the Amur Gas Chemical Complex (GCC), SIBUR said in a statement.
The document was signed by Vitaly Markelov, Deputy Chairman of the Management Board of PJSC Gazprom, and Dmitry Konov, Chairman of the Management Board of PJSC SIBUR Holding, at the St. Petersburg International Economic Forum.
The document contains the main conditions for long-term agreements on the joint use of a part of the Amur Gas Processing Plant infrastructure required for the construction of the Amur Gas Chemical Complex. In particular, a temporary pier on the Zeya River, access roads, areas for transport, as well as railway infrastructure facilities - non-public tracks connecting the construction site with the Trans-Siberian Railway, and the Zavodskaya-2 station.
Joint operation of the infrastructure will optimize the logistics of projects and redistribute freight flows, eliminating downtime and associated costs. The expansion of cooperation between the companies will contribute to the creation of a large gas processing and gas chemical cluster on the territory of the Amur Region, and the acceleration of the socio-economic development of the Russian Far East.
Amur Gas Chemical Complex is the largest enterprise for the production of polyethylene and polypropylene of brands demanded in the Russian and world markets, which is being built by SIBUR in cooperation with the Chinese Sinopec.
SIBUR is implementing an AGHK project for processing ethane fraction and liquefied petroleum gases (LPG) of Gazprom's Amur GPP. The capacity of the Amur GCC, as the future world's largest complex for the production of base polymers, will amount to 2.7 million tons per year: 2.3 million tons of polyethylene and 400 thousand tons of polypropylene. The products of the complex will be represented by a wide range of brands. The construction of the complex is synchronized with the gradual reaching full capacity of Gazprom's Amur GPP. The approximate deadline for completion of construction and commissioning is 2024.
Due to the geographic location of the complex, the products of AGHK will be focused on Asian markets, primarily the PRC market, the largest consumer of polymers in the world. It is expected that the project for the construction of the Amur GCC can be included in the intergovernmental agreement between the Russian Federation and China.
Gazprom's Amur GPP, in turn, will become one of the world's largest natural gas processing enterprises. Its design capacity is 42 billion cubic meters. meters of gas per year. The plant will consist of six processing lines, with the first two scheduled to be commissioned in 2021.
Earlier it was reported that in December last year, SIBUR Holding chose Spheripol LyondellBasell polyolefin technology for its Amur Gas Chemical Complex (AGHK) under construction. The technological process will be used at a polypropylene plant with a capacity of 400 thousand tons per year, which will be built in the town of Svobodny, Amur Region.
According to the ScanPlast of MRC, PP supplies to the Russian market in the first four months of the year amounted to 523,900 tonnes, which is 55% more than a year earlier. The supply of propylene homopolymer (PP-homo) and propylene block copolymer (PP-block) increased. The supply of stat-copolymer propylene (PP-random) has declined.
SIBUR Holding is the leader in the Russian petrochemical industry and one of the largest global companies in the sector with more than 23 thousand employees. SIBUR processes by-products of oil and gas production and thereby contributes to the reduction of CO2 emissions from their combustion. Over the past 10 years, SIBUR has implemented a number of large-scale investment projects worth about 1 trillion rubles.
MRC