Sibur, Gazprom join forces in major petchem project in Russia
12:30 PM MDT | November 1, 2013
Gazprom and Sibur signed a memorandum of cooperation that envisages the construction of a gas processing plant (GPP) and a petrochemical complex at Belogorsk, Russia. The memorandum was signed today by Alexey Miller, chairman of Gazprom; and Siburâ€™s CEO, Dmitry Konov. The document outlines the framework for the implementation of the GPP facility. Feedstock is expected to be sourced from natural gas production centers in Sakha and Irkutsk, Russia, which Gazprom is developing under the companyâ€™s Eastern Gas Program. The 60-billion cubic meter/year GPP facility...
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