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SIBUR announces new joint venture with IOGCE

July 20/2010

MOSCOW (SIBUR) ľ SIBUR affiliate ôSibur-Gasserviceö and Interregional Oil and Gas Complex Exchange (IOGCE) have presented the joint project of exchange sales of liquefied petroleum gas to Federal Antimonopoly Service (FAS).

 

SIBUR has been daily supplying IOGCE with over 20 lots of automotive propane-butane, technical propane-butane sales, EXW, and delivery in tank-containers to railway stations since April 2010. Sales of liquefied petroleum gas with IOGCE promotes the expansion of SIBUR sales geography and attraction of new customers.


 
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SIBUR announces new joint venture with IOGCE

MRC Reference

Sibur Holding is the largest Russian petrochemical group.

Shareholders:
 Gazprombank (70% minus 1 share);
 Gazfond (25% plus 1 share);
 5% reserved for option program.

 

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