Russia: Gas from Eastern Siberia Sibur Plans to Invest in Sinopec's Gas Fields

Editor: Alexander Stark

Russian petrochemical company Sibur plans to buy gas from fields which Russia's Gazprom will develop in Eastern Siberia.

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Sibur is in talks with Sinopec's gas fields in Russia's Far East.
Sibur is in talks with Sinopec's gas fields in Russia's Far East.
(Picture: Sibur)

Vyngapur/Russia – Reuters reports that Sibur is in talks with Sinopec about investing in a planned gas chemical plant in Russia's Far East.

According to the news agency, the Russian gas supplier is discussing investments into the plant with a number of possible partners, including a subsidiary of the Chinese company Sinopec, which holds a 10 % stake in Sibur since December 2015.

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