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Lukoil started construction of a gas chemical plant

October 26/2011

(Lukoil) -- An official ceremony of laying down a time capsule symbolizing the launch of construction phase one of a gas processing plant (GPP), part of a gas chemical facility (GCF), took place in Budyonnovsk, Stavropol Territory, today. The GCF will be built on the industrial site of OOO Stavrolen, an OAO LUKOIL subsidiary.

The facility is expected to be built in several phases. In 2015, it is planned to commission phase one of the GPP with a capacity of 2 billion cubic meters per year and a 135 MW unit on the base of a CCGT (combined-cycle gas turbine) and to upgrade the existing ethylene production unit to convert it to the processing of liquefied gases.

In 2017, it is planned to commission phase two of the GPP with a capacity of 4 billion cubic meters per year, an ethylene production unit with a capacity of 225 thousand tons per year and a polyethylene production unit with a capacity of 255 thousand tons per year.

As a result, the GCF will become Russias largest polymer production center. Moreover, commercial gas from the GCF will be delivered to Gazproms transportation system.  The expected appropriations to all budget levels will exceed RUB 10 billion per year.

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