PRESS: Gazprom may build $20 mln gas chemical plant at Baltic 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

PRESS: Gazprom may build $20 mln gas chemical plant at Baltic Sea

MOSCOW, Apr 23 (PRIME) -- Russian gas giant Gazprom plans to build an around U.S. $ 20 billion gas refining and chemical complex at the Baltic Sea with a capacity of up to 45 billion cubic meters of gas, business daily Vedomosti reported on Monday.

The company may team up with Rusgazdobycha, previously owned by Arkady Rotenberg, Vedomosti said citing sources obtaining information from managers of Rusgazdobycha and a top manager of one of Gazprom’s contractors.

On April 22, Gazprom representative confirmed that the project exists.

The complex may be constructed out of St. Petersburg near the port of Ust-Luga. The refined methane will be partly transferred to the local Baltic LNG (liquefied natural gas) plant for liquefaction and partly exported via the Nord Stream-2 export pipeline.

The facility may also produce around 1.5 million tonnes of polyethylene for sales in Europe.

End

23.04.2018 09:32
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.1111 +0.3961 26 apr
USD 64.6794 +0.6996 26 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1240.67 -0.43 10:42 26 apr
micex 2548.49 -0.49 10:42 26 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.88 -0.27 10:27 26 apr
lkoh 5597.50 -0.90 10:27 26 apr
rosn 430.60 -1.24 10:27 26 apr
sber 224.85 -1.29 10:27 26 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.1300 +0.3300 14:59 26 apr
USDTD 64.7700 +0.5275 17:44 26 apr