Vladimir Yakunin, president of Russian Railways JSK and Dmitry Konov, president of "Sibur " signed an agreement on the transportation of liquefied petroleum gas (LPG) in Russia and abroad. The purpose of the contract is a long term and steady increases in traffic volumes of LPG and the development of appropriate transport infrastructure, including the construction of export terminals, the SIBUR press service reports.
The companies are committed to build new gas and chemical facilities, transship of certain volumes of LPG and to develop railway infrastructure and transshipment terminal for LPG at the port of Ust-Luga in the Leningrad region.
In addition, the parties agreed on a phased increase in traffic volumes of LPG by rail to third countries, including through the terminal port of Ust-Luga, for the period to 2020.
Russian petrochemical plants are the major consumers of LPG. SIBUR company is gradually increasing supply of hydrocarbons to local companies.
State-run Russian Railways is one of the top three global railway companies. The operational length of RR network is 85.2 thousand km.
SIBUR is one of the leaders of Russia's petrochemical industry, producing over 100 kinds of products and services, including gas processing, production of monomers and plastics, methanol and mineral fertilizers, tires and rubber products and plastics. In 2008 the company produced 14,8 million tons of petrochemical products and 13.3 billion cm of dry stripped gas. Last year the company’s revenue totaled 173.5 billion rubles, Net profit - 16,0 billion rubles.
The companies are committed to build new gas and chemical facilities, transship of certain volumes of LPG and to develop railway infrastructure and transshipment terminal for LPG at the port of Ust-Luga in the Leningrad region.
In addition, the parties agreed on a phased increase in traffic volumes of LPG by rail to third countries, including through the terminal port of Ust-Luga, for the period to 2020.
Russian petrochemical plants are the major consumers of LPG. SIBUR company is gradually increasing supply of hydrocarbons to local companies.
State-run Russian Railways is one of the top three global railway companies. The operational length of RR network is 85.2 thousand km.
SIBUR is one of the leaders of Russia's petrochemical industry, producing over 100 kinds of products and services, including gas processing, production of monomers and plastics, methanol and mineral fertilizers, tires and rubber products and plastics. In 2008 the company produced 14,8 million tons of petrochemical products and 13.3 billion cm of dry stripped gas. Last year the company’s revenue totaled 173.5 billion rubles, Net profit - 16,0 billion rubles.