Russia's Sibur starts work on petchem JV gas pipeline

01 July 2010 09:04  [Source: ICIS news]

MOSCOW (ICIS news)--Russia's Sibur has started preparatory works to build a new pipeline to funnel light hydrocarbon gases from Yuzhno-Balyk gas processing plant to its joint venture Tobolsk-Neftekhim petrochemical plant, the company said on Thursday.

The 400km pipeline would have a capacity of 7m tonnes/year and it would replace the existing 4.2m tonnes/year pipeline, Sibur said.

In 2008, Sibur announced plans to invest €242m ($295m) in Yuzhno-Balyk and Nizhnevartovsk gas processing plants.

In May 2010, Russia's federal regulator, Glavexpertiza, approved Sibur's project to build a new 500,000 tonne/year polypropylene (PP) facility at the Tobolsk-Neftekhim site. The project was expected onstream in 2012.

($1 = €0.82)

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By: Sergei Blagov
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