Page 18 - FSUOGM Week 35 2020
P. 18

FSUOGM                                 PROJECTS & COMPANIES                                         FSUOGM


       Russian PM orders Rosneft to resume




       Sakhalin oil production




        RUSSIA           RUSSIAN Prime Minister Mikhail Mishustin  September 25, the PM’s decree, published online,
                         has ordered Rosneft to resume oil production  stated.
       The pipeline carrying   from a key subsidiary in the Far East, Russia’s   Mishustin also ordered the Far East Devel-
       the company's oil has   RBC news agency reported on August 31 citing  opment Ministry, the Economic Development
       fallen into disrepair.  sources.                       Ministry, Gazprom and Novatek to develop
                           Production at RN-Sakhalinmorneftegaz,  a long-term programme for developing LNG
                         which controls dozens of mostly fields on and  production in Russia by November 1. The pro-
                         offshore Sakhalin, was significantly lowered over  gramme should include a plan for supplying gas
                         a month ago. Rosneft blamed the disruption on  to consumers.
                         OPEC+ cuts, but NewsBase understands that an   In addition, he decreed that the energy min-
                         accident occurred at the Okha-Komsomolsk-  istry and oil and gas companies should draw up
                         on-Amur pipeline which normally transports  a step-by-step plan for the gasification of the Far
                         Sakhalinmorneftegaz’s oil.           East Federal district by 2030 by October 14. The
                           Okha-Komsomolsk-on-Amur has been in  Russian Far East contains sizeable gas reserves,
                         operation since 1974 and is understood to have  but pipeline infrastructure is limited and many
                         fallen into disrepair. Rosneft wants to build a new  areas do not have access to gas.
                         pipeline, Sabo-Dagi, to replace it.    Meanwhile, Gazprom Novatek and authori-
                           Mishustin has instructed Rosneft’s man-  ties to present a separate plan by October 5 for
                         agement and Russia’s energy ministry to look  supplying gas to the Far Eastern Kamchatka
                         into the matter. Results of a study on the situa-  region, where Novatek is constructing an LNG
                         tion should be reported to the government by  transhipment terminal. ™





      Turkmen petchems plant



      reaches full capacity





        TURKMENISTAN     PRODUCTION at the Kiyanli petrochemical  in 2014. Its operator is state gas firm Turkmen-
                         complex in western Turkmenistan reached full  gaz. The facility is on the shore of Caspian Sea,
       The plant was brought   capacity in the first half of this year, Turkmen  providing it with easy access to markets in the
       on stream back in   state media reported on August 27.  Caspian region.
       October 2018.       The plant, which was brought on stream back   Turkmengaz supplies around 5bn cubic
                         in October 2018, is now producing polyethylene  metres per year of raw gas feedstock to the plant
                         (PE) and polypropylene (PP) at respective rates  from Caspian Sea fields, which then produces
                         of 381,000 and 81,000 tonnes per year (tpy),  some 4.5 bcm per year of pure methane. The raw
                         media said. This helped bring national produc-  gas comes from Caspian Sea fields operated by
                         tion of PE to 1.374mn tonnes in January through  Malaysia’s Petronas.
                         July, up 140% year on year, while PP climbed   The project cost a reported $3bn, of which
                         40.5% to 711,000 tonnes, the country’s statistics  $2.5bn was covered by loans from the Japan
                         committee claims.                    Bank for International Co-operation (JBIC),
                           Turkmenistan is eager to build up its petro-  the Export-Import Bank of Korea (KEXIM)
                         chemicals business to extract more value from  and other financiers. It uses technologies sup-
                         its gas resources – the fourth-largest in the world  plied by Lummus Technology and W.R. Grace
                         at 19.5 trillion cubic metres proven, according  & Co.
                         to BP.                                 Turkmenistan has completed several other
                           The Kiyanli complex was built by Japan’s  gas-based downstream projects in recent years,
                         Toyo Engineering and South Korea’s Hyundai  including a gas-to-gasoline plant that entered
                         Engineering and LG, under a contract awarded  operations in June last year. ™







       P18                                      www. NEWSBASE .com                      Week 35   02•September•2020
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