Russia: Project Evaluations Sibur, Gazprom Collaborate to Assess Gas Processing, Petrochemistry Projects
Sibur and Gazprom signed two roadmaps for assessing the large scale investment projects in the Republic of Tatarstan and the Yamal-Nenets Autonomous Area. Based on the outcome of these roadmaps, the companies will decide on further cooperation with each other.
Saint Petersburg/Russia – Recently, on the margins of the 9th St Petersburg International Gas Forum, Sibur and Gazprom signed two roadmaps to promote cooperation between the two companies on large-scale investment projects in the realm of gas processing and petrochemistry.
The documents were issued in furtherance of the Cooperation Agreement signed in September 2019 at the 5th Eastern Economic Forum.
The first roadmap envisages completion of feasibility studies for projects involving transportation of ethane-containing gas from the deposits of the Nadym-Pur-Taz region and construction of a gas processing plant in the Republic of Tatarstan.
The second roadmap deals with the diagnostics, geotechnical investigations and construction cost estimates required for completion of the Novy Urengoy Gas Chemical Complex project in the Yamal-Nenets Autonomous Area.
Based on the results of the roadmap activities, the parties will decide on further cooperation in project implementation.