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Rosneft, Mitsui plan Russia Far East olefins project

04.29.2013  | 

The processing capacity of the Far East petrochemical complex is planned at 3.4 million tpy of hydrocarbon feedstock, predominantly naphtha. The capacity of ethylene and propylene production unit is planned at 2 million tpy. Rosneft and Mitsui expect the complex to start up in 2017.

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Rosneft and Mitsui have signed an agreement to jointly develop the massive Far East Petrochemical Company (FEPCO) project, the companies said on Monday.

The deal was signed by Rosneft president Igor Sechin and by Shintaro Ambe, representative director of Mitsui & Co., in the presence of the Russian President Vladimir Putin and Prime Minister of Japan Shinzo Abe.

FEPCO, a subsidiary of Rosneft, is developing the project. Processing capacity of the petrochemical complex is planned at 3.4 million tpy of hydrocarbon feedstock, predominantly naphtha. The capacity of ethylene and propylene production unit is planned at 2 million tpy.

The complex is expected to be started up in 2017.

As part of the agreement, the parties said they plan to cooperate in engineering design in accordance with international best practices. Following the results of this cooperation, the final investment decision on FEPCO construction will be made.

“We are glad to join efforts with one of the leading Japanese companies to develop the largest petrochemical complex in the Far East," said Sechin. 

"Implementation of the project in cooperation with Mitsui will enable us to optimize the petrochemical complex and use the best global practices of constructing plants of similar scale. Successful implementation of the project will facilitate development of technology intensive production and establishment of a production cluster in the Far East”.



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Adriaan Venter
05.02.2013

Dear Sirs,

I am a Health, Safety, Environment and Security Specialist offering my expertize an dvast experience to this project. I am proficient to perform all duties pertaining to technical and managerial Pre-Feed, Feed, assessment of aspirant Construction Contractors pre-Tender, Tender and Post-Tender Documentation, from the Far East to most Western companies.
I've work on the Pearl GTL project and achieved World Class QHSES performances.
I offer you the same magnificent results, only if you employ me early enough to develop and implement the QHSES Management System the Project deserves.

Adriaan Venter

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