MOSCOW (MRC) -- The Gazprom Management Committee has approved a comprehensive program for the reconstruction and technical re-equipment of gas and liquid hydrocarbons processing facilities for 2022–2026, the holding said in a statement.
The document was adopted in the development of the current program for 2021-2025. The purpose of the document is to ensure continued growth in the efficiency of Gazprom's refining complex. Details of the program were not disclosed.
The Management Board also took note of the information on the operation of the technological lines of the Amur Gas Processing Plant (GPP) and the progress of the GPP construction.
It was noted that the overall status of the project is 82.2%. In particular, start-up and commissioning works are continuing on the third technological line, the installation of large-sized equipment has been completed on the fourth.
On the fifth line, large-sized equipment for gas separation has been installed, assembly of metal structures and welding of pipelines continues. On the sixth stage, the assembly of metal structures is underway, the foundation work is being completed.
Gazprom's main processing facilities are the Astrakhan Gas Processing Plant (GPP), the Orenburg Gas Processing and Helium Plant, the Sosnogorsk Gas Processing Plant, the Surgut Condensate Stabilization Plant and the Urengoi Plant for the preparation of condensate for transportation. The facilities under construction include the Amur Gas Processing Plant and the Ethane-Containing Gas Processing Complex in the Ust-Luga settlement.
We remind, that in December 2020, SIBUR Holding, Russia’s leading petrochemicals company and one of the most rapidly growing petrochemicals businesses globally, and China Petroleum & Chemical Corporation (Sinopec), China’s leading energy and chemical company, have closed the deal to set up a joint venture (JV) at the Amur Gas Chemical Complex after obtaining all the necessary approvals from the regulators of both countries. SIBUR and Sinopec will hold interest in the JV in the amount of 60% and 40%, respectively.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,047,100 tonnes in the first ten months of 2021, up by 17% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,226,530 tonnes in January-October 2021, up by 26% year on year. Supply of propylene homopolymers (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding stat-copolymers of propylene (PP random copolymers) decreased significantly.