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Sibur and Novatek complete major investment in NGL pipeline and gas fractionation

1:50 PM MDT | June 4, 2014 | Natasha Alperowicz

Sibur and Novatek, Russia’s largest independent gas producer, today announced the completion of a series of projects aimed at creating an integrated technological chain from hydrocarbons production to petrochemical processing. The announcement was made at a meeting of the Presidential Commission for Strategic Development of the Fuel and Energy Sector and Environmental Security in Astrakhan. During a teleconference with President Vladimir Putin, Novatek announced the expansion of its Purovsky gas condensate processing capacity from 5 million m.t./year to...

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