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.


05.02.2018 14:44
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1149.53 +0.78 18:50 21 sep
micex 2426.80 +1.08 18:50 21 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 158.64 +2.78 18:49 21 sep
lkoh 4737.50 +0.78 18:49 21 sep
rosn 440.40 +0.39 18:47 21 sep
sber 193.44 +1.19 18:49 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.0275 -0.1025 14:59 21 sep
USDTD 66.5250 -0.2275 17:44 21 sep