Refining

Mass media:The priorities of Turkmen-Chinese gas relations

The economy of Turkmenistan is tightly tied to the export gas pipelines. The economic diversification in the agrarian direction is impossible in conditions of a desert climate and underdeveloped system of ground irrigation. All the spheres of the republic’s life activity depend on the efficient use of the export pipeline. Conceptions of “gas policy” and “foreign policy” are equivalent in Turkmenistan, - http://www.centrasia.ru writes.
The gas industry demands the attraction of new modern equipment for the exploration and development of gas fields and an increase of the production volumes. Managers of the republic’s gas-producing sector negotiate with a number of foreign companies like Gulf Oil & Gas Fze, Petrofac International LLC (the United Arab Emirates), CNPC Chuanging Drilling Engineering Company (China) and consortium of companies LG International Соrр and Hyundai Engineering (South Korea) on the supply of equipment to the total amount of $9.7 billion.

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Company Sakhalin Energy shipped 200 million barrels of oil of the Vityaz Blend grade from the beginning of its production

The company Sakhalin Energy, which works on shelf of the Okhotsk Sea, shipped 200 million barrels (over 30 million tons) of oil of the Vityaz Blend grade from the beginning of its production in December of 2008. In recent years, oil, produced by the marine platform Vityaz, was supplied to Japan, the Republic of Korea, China, Thailand, Taiwan, the Philippines, the USA and New Zealand, the companies’ press centre reported today.

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Rosneft and Mitsui arrange joint development of VNKhK project

Rosneft and Mitsui signed a memorandum of understanding about joint development of VNKhK project – one of the largest petrochemical projects in the world, the press service of Rosneft reports.
The memorandum was signed by the President of Rosneft Igor Sechin and the Senior Managing Executive Officer and Representative Director and the member of the Board of Directors of Mitsui & Co. Ltd. Shintaro Ambe in presence of the RF President and the PM of Japan.

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Novatek’s subsidiary to supply gas to the amount of 10 billion rubles to Perm Minudobreniya through until 2017

The Novatek subsidiary – Novatek-Perm - will supply gas to the amount of 10.088 billion rubles to Mineralnye udobreniya (Perm, producer of nitrogenous fertilizers and ammonia, a part of Uralkhim) through until 2017, the Perm company reports.

On December 20, the parties concluded an additional agreement to the gas supply contract, in accordance with which the supplier was to deliver gas. The deadline for the fulfillment of the obligations: the gas supply  - till December 31, 2016, and the final settlement - till January 25, 2017, the RIA Novosti reports. Read more »

Korean Kogas to build a dimethyl ether plant in the Far East for $470 million

Korean Kogas is ready to build a plant producing dimethyl ether at a cost of $470 million in the Far East, General Director of Kogas Vostok Chan Son Lee said at Sakhalin Oil and Gas international conference, Interfax reports.

As he said, the project has no financial risks. "We are going to purchase the whole voulme of the products made at this plant, thus Russia won't have to search for any sales markets", the General Director said.
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Korean companies start the construction of gas chemical facility at the cost of $4.16 billion in Uzbekistan

Korean Samsung Engineering, GS Engineering and Hyundai Engineering have started the active stage of the technological part construction of the Ustyurt gas chemical facility in the North-West of Uzbekistan, a representative of the Cabinet’s Fuel & Energy Sector reported to  RIA Novosti on Thursday.

“The construction of the technological part has been started, the equipment mounting is in  process; the Uzbek party builds the infrastructure, the operations are carried out in accordance with the approved schedule,” – the Government’s representative specified.

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Korean companies have started the construction of a gas chemicals complex in Uzbekistan

Samsung Engineering, GS Engineering and Hyundai Engineering (Korea) have started the active stage of the construction of the technological part of the Ustyurt gas chemicals complex in the North-West of Uzbekistan.
The construction of the technological part has started, the assembly of the equipment is held, the Uzbek party is constructing the infrastructure, the works are held in conformity with the approved schedule. Read more »

Capacity of Tver oil refinery complex is 17.5 mln tons of motor fuel and 3 mln tons of fertilizers

Rupek has got acquainted with the project of the Tver oil refinery complex at a cost of about $20 bln and publishes some details of the project.

According to the materials of project’s initiators (they are in public access) it is planned that the complex will process 15 mln tons of coal, 15.5 bln cubic meters of gas and 10 mln tons of oil. Read more »

Gazprom and Japan have discussed the possibility of gas supply rise

Gazprom and the representatives of the Parliament of Japan have discussed the perspectives of growing the gas supply to Japan including on the account of the pipeline gas supply, Gazprom reports.
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Kazakhstan and Japan have signed the agreement for oil and uranium extraction and refining

The Minister of External Affairs of Kazakhstan, E. Kazykhanov and the Minister of Economy, Trade and Industry of Japan, Y. Edano  have signed several documents connected with cooperation of the state in the sphere of minerals production and oil refining. Japan is ready to offer Kazakhstan new technologies for the improving of resources production. Japan is also interested in the intensification of cooperation with Kazakhstan in the sphere of uranium extraction and nuclear power plants construction. Mr. Read more »

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