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 ?xml:namespace>
In May 2010,
($1 = €0.82)
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