Gas Processing EPC Contract Signed

Source: 6/4/2021, Location: Asia

A number of documents in the area of gas processing were signed at the St. Petersburg International Economic Forum 2021.

RusKhimAlyans, Linde, and Renaissance Heavy Industries entered into an EPC contract.

The signing ceremony took place in the presence of Alexey Miller, Chairman of the Gazprom Management Committee, and Wolfgang Reitzle, Chairman of the Board of Directors of Linde.

The contract stipulates that the consortium of Linde and Renaissance Heavy Industries will carry out the design works, equipment supplies, construction, and commissioning of gas processing and off-site facilities at the Gas Processing Complex near Ust-Luga (GPC, part of the Complex for processing ethane-containing gas; the GPC operator is RusKhimAlyans, a joint venture of Gazprom and RusGazDobycha).

In line with the agreements reached and the project implementation plans, the consortium intends to begin operations at the construction site as early as this June.

Listed below are the documents signed in the presence of Alexey Miller.

RusKhimAlyans and SOGAZ inked a Memorandum of Understanding with the purpose of establishing and advancing a strategic partnership to create an effective system for insurance protection during the implementation of investment projects by RusKhimAlyans. SOGAZ is expected to prepare proposals on possible improvements to the insurance coverage mechanism in the interests of RusKhimAlyans.

Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee (on behalf of Gazprom Pererabotka Blagoveshchensk), and Dmitry Konov, Chairman of the Management Board of SIBUR Holding (on behalf of SIBUR Holding and the Amur Gas Chemical Complex), signed an agreement of cooperation. The document outlines the basic terms and conditions of long-term arrangements on the joint use of the infrastructure of Gazprom's Amur Gas Processing Plant (GPP) for the construction of the Amur Gas Chemical Complex (GCC) of SIBUR. For instance, it is planned to use the structures and facilities built by Gazprom, namely, the wharf on the Zeya River, access roads for motor vehicles, vehicle ramps, and railway infrastructure.

Vitaly Markelov and Sergey Shtepa, CEO of Caspian Innovation Company (CIC), signed a preliminary contract for the supply of liquefied petroleum gases (LPG) from Gazprom's Astrakhan GPP to the prospective Astrakhan GCC of CIC. The document sets out the basic terms and conditions of future supplies under the long-term (20-year) contract, including LPG volumes and the price formula.

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