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Gazprom and SIBUR have previously agreed on the supply of ethane from the Amur GPP - EastRussia | Far East






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Gazprom and SIBUR have previously agreed on the supply of ethane from the Amur GEA

Gazprom and SIBUR Holding signed a preliminary agreement on the supply of ethane from the Amur Gas Processing Plant (GPP) to the Amur Gas Chemical Complex (MCC). The signing took place in the framework of the 17th International Investment Forum held in Sochi.

Gazprom, which was represented at the ceremony by the deputy chairman of the board Valery Golubev, in the long term gets a long-term consumer of raw materials allocated by the Amur Gas Processing Plant. Under the terms of the contract, the gas concern on the principles of formula pricing will annually supply about 2 million tons of ethane fraction to the Amur MCC. The agreement allows SIBUR to design production facilities. "Signing the agreement is an important step in developing the Amursky MCC project and realizing the potential of Far Eastern gas processing and gas chemistry," Dmitry Konov, Chairman of the Board of PJSC SIBUR Holding, said at the signing ceremony. "The investment decision usually takes from one and a half to two years, but these issues are discussed in advance in our preliminary agreement. If you sacrifice quality at the beginning, in particular, in the design, information solutions, recruitment, then everything becomes much longer and much more expensive, "he commented to EastRussia on the possibility of speeding up the process.

Projects of the Amur Gas Processing Plant of Gazprom and the Amur MCC SIBUR are the gas processing cluster of the Amur Region. The Amur Gas Processing Plant provides for the preparation of natural gas for supply to China, as well as the production of liquefied petroleum gases, pentane-hexane fraction, helium and ethane fraction. The Amur MCC will be technologically connected with the GPP and process ethane for production of about 1,5 million tons of polyethylene per year.