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SIBUR and Lukoil signed an agreement for the supply of APG

March 23/2011

(SIBUR) -- The petrochemical holding company SIBUR and the Lukoil Oil Company have signed a long-term agreement for the supply of associated petroleum gas (APG). According to the terms of the agreement, Lukoil will supply APG from the fields of LukoilWestern Siberia to Nyagangazpererabotka. In the period from 2011 to 2015 the total volume of APG supplied will be over 2.5 billion cubic meters.

Currently, the capacity of Nyagangazpererabotka is designed to accept up to 2.14 billion cubic meters of associated gas per year. The volume of APG processed in the company in 2010 amounted to 1.3 billion cubic meters.

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