Lukoil says to build 120 bln rbl gas chemical plant on Caspian Sea - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Lukoil says to build 120 bln rbl gas chemical plant on Caspian Sea

MOSCOW, Feb 5 (PRIME) -- Russian oil company Lukoil will build a 120 billion ruble gas chemical plant on the Caspian Sea, CEO Vagit Alekperov told President Vladimir Putin on Monday.

УWe have prepared a new all-encompassing project, this is multi-faceted exploration of the northern Caspian. The pipeline has stretched to a zone near the city of Budyonnovsk by now. We have made an investment decision to build a gas chemical facility there, which will have two businesses, chemicals, the second stage is polyethylene and polypropylene,Ф Alekperov said.

Alekperov said in mid-January that Lukoil needs state support to build infrastructure for a petrochemical plant on the Caspian Sea and that the estimated amount of investments is up to U.S. $5 billion.

End

05.02.2018 14:44
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.9232 -0.3208 20 apr
USD 63.9602 -0.1086 20 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1260.82 -0.12 18:50 19 apr
micex 2563.90 +0.12 18:50 19 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 162.57 +0.48 18:49 19 apr
lkoh 5602.00 -0.14 18:48 19 apr
rosn 432.00 -0.84 18:49 19 apr
sber 232.60 -0.08 18:49 19 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 64.0125 +0.0400 17:44 19 apr