Processing, Japan Oil and Gas

Kawasaki Heavy Industries’ head reports G.Berdymukhamedov about implementation of joint projects in Turkmenistan

President G. Berdymukhamedov received president of Kawasaki Heavy Industries Ltd for energy system and industrial development T. Watanabe.

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Russia and Japan may start cooperation in the field of energy and oil processing

The Russian Minister of Energy Alexander Novak has discussed with Japanese companies the possible cooperation in the field of oil refining projects, electric power and power equipment.

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JBIC may finance the third stage of Sakhalin-2’s LNG plant and Amur gas processing plant

The Japan Bank for International Cooperation (JBIC) can take part in financing the construction of the third stage at the LNG plant of the Sakhalin-2 project and the Amur gas processing plant.

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Russian-Japanese Energy Council may consider projects of LNG production

The priority list of projects with Japan, which will be considered by the Russian-Japanese Energy Advisory Council, may include LNG production, fields development, construction of wind, solar and g

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Uzbekneftegaz is seeking investors for the project to expand the Shurtan Gas Chemical Complex.

National Holding Company "Uzbekneftegaz" retains plans for project expansion of ethylene production and subsequent release of the polyethylene at the Shurtan Gas Chemical Complex, Sputnik reports, citing a source in the company.
The total project cost is estimated at 478 million US dollars. The company is now exploring the possibilities of financing from its own funds and the possible attraction of credit resources from the Fund for Reconstruction and Development of Uzbekistan, as well as international investors.

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Petrochemical companies of Tatarstan strengthen cooperation with large Japanese companies

Tatarstan’s President Rustam Minnikhanov has held a series of meetings with major Japanese companies in the framework of his working visit to Tokyo, said the press centre of the President.
So, Rustam Minnikhanov met with president of Toyo Engineering Corp Kiyoshi Nakao and managing director of Ikuo Mitsui Corporation Kasama. The sides discussed current projects of Toyo Engineering and Mitsui, implemented in Tatarstan, and outlined ways for further cooperation.

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Rosneft invites Japanese investors to take part in Eastern Petrochemical Company

Rosneft has proposed Japanese investors to consider participating in the creation of the Eastern Petrochemical Company (VNHK), the company's president Igor Sechin reports.
According to him, now Japan imports about 25-30 million tons of oil products per year for further processing.
"As far as I understand you don’t consider plans to expand these volumes for a while. Nevertheless, we call on our colleagues to think about the possibilities. In particular, they relate to VNHK - the largest investment project of Rosneft in the Far East of the Russian Federation for the construction of an oil refining and petrochemical complex. These are possibilities of supplying equipment, an issue of a reasonable division of labor and specialization in the development of the petrochemical direction,"- said Sechin at then international conference on energy cooperation between Russia and Japan.

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In January-June, export of plastic products in Russia grew by 15.4%

According to customs statistics, in January-June 2015, foreign trade turnover of Russia made up $270.7 billion and it decreased by 32.6% in comparison with January-June 2014. The trade balance showed a surplus of $95.3 billion, which is by 16.7 billion less than in January-June 2014.
In January-June 2015, the export of Russia amounted to $183.0 billion, decreased by 28.8% as compared with January-June 2014. In January-June 2015, the basis of the Russian export to the non-CIS countries was fuel and energy products, the share of which in the commodity structure of the export to these countries amounted to 68.1% (in January-June 2014 - 75.3%).
In January-June 2015, the cost volume of energy products decreased by 34.5% as compared with January-June 2014, and the physical - increased by 10.3%. Among the energy goods the volume of exports of crude oil increased by 11.5%, electricity - by 25.0%, oil products - by 20.2%, including: kerosene - by 39.3%, diesel fuel - 18.0%, liquid fuels - by 23.5%. At the same time, the export volume of natural gas was reduced by 4.1%, coal - by 1.2%.

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Japan Itochu discusses prospects of participation in the project OGPC with SOCAR

SOCAR (Azerbaijan) and Itochu (Japan) held negotiations regarding the prospects of participation of the Japan company in the project of a new oil and gas refining and petrochemical complex creation in Azerbaijan. The questions have been discussed during the meeting of the delegation of SOCAR, headed by the company’s president R.Abdullaev with the vice-president of Itochu, chairman of the Japanese-Azerbaijani Committee on Economic Cooperation Mr.Yoichi Kobayashi and the managing director of the corporation T.Yasuda.
The parties mentioned a 20-years successful bilateral cooperation. The spokesmen for Itochu appreciated the assistance of SOCAR, which it renders to its partners within the frame of “Azeri-Chirague-Guineshly” block of oil-and-gas deposits development project and thanked the management of SOCAR for the leading role in the realization of the project.

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Japan wants to construct its own refinery in Primorye

As the Izvestia has got to know, the Japanese Government intends to include an item on construction of an oil refinery near Vladivostok in a new agreement between Russia and Japan, which may be signed between the two countries during the scheduled visit of Vladimir Putin to Tokyo (in September, the foreign mass media reported about its cancellation, but the authorities haven’t confirmed this information). This refinery may be the first oil processing plant in Russia, controlled by foreigners. Earlier, the solution to the problem of the construction of a gas pipeline from Sakhalin to Tokyo on the bottom of the Japan Sea has been already included in the agenda of the visit.
As the mayor of the Japanese city of Niigata, Akira Shinoda said, originally it was intended to place the refinery in the prefecture of the same name - Niigat, but this idea was abandoned.
- Previously, we had such plant, but we found that it will be very difficult and expensive to restore it, so the idea to construct the oil refinery near Vladivostok is worked out, - Shinoda reported to the Izvestia. - This is also a good option for Niigata, as we will have the ability to import oil products through our port.

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