Gazprom is planning to construct a gas processing plant in Belogorsk with the annual capacity of up to 60 billion cubic meters, where ethane and other valuable components will be stripped from natural gas.
SIBUR, in its turn, intends to create a gas chemical complex technologically connected with the gas processing plant for the purpose of processing ethane, obtaining monomers and subsequent manufacturing of polymers.
Gazprom management committee chairman Alexey Miller said the efficient and reasonable use of all the valuable components of natural gas from eastern fields is a priority of Gazprom’s comprehensive activities in Russia’s East.
"The partnership with SIBUR is a sample model of Gazprom’s cooperation with other investors within the Eastern Gas Program," Miller added.
