Azot branch of Uralchem in Berezniki is poised to invest about 2BN RUB in the equipment revamp and repair in 2018

Azot branch of Uralchem (Berezniki, Perm territory) intends to spend approximately 2bn RUB on the modernisation of keynote operating units and a repair campaign in 2018. In particular, the ammonia facility modernisation programme in section 1А stipulates for the retrofit of surface vacuum capacitor and the acquisition and installation of air coolers and an absorber. […]

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Gazprom’s Amur gas processing plant remains on schedule

Construction of the project’s main phase is progressing on schedule, with supply and assembly of Linde AG’s equipment for cryogenic gas separation installations of the complex’s first production lines now under way, with additional heavy equipment for those units to be shipped to the site via the Zeya River starting this summer, Gazprom said. The […]

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TOAZ has unlocked finance for the construction of a third urea unit

Togliattiazot, a major ammonia producer in Russia, has signed a 9-year loan agreement 180m EUR worth with a syndicate of Commerzbank AG (Zurich, Switzerland) and Landesbank Baden-Wuerttemberg (Stuttgart, Germany). As follows from the loan agreement, the interest rate is to be paid after a two-year grace period and to equal 2% per annum. SERV is […]

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Delegation of RN-Pechora LNG has confirmed participation in LNG Congress Russia 2018

Delegation of RN-Pechora LNG has confirmed participation in the upcoming 5th anniversary LNG Congress Russia 2018 (6-8 June, Moscow). Delegation lineup includes: Dmitry Ageev – General Director Viktor Okorokov – Deputy General Director – CTO Roman Zdanovich – Financial Director Alexander Gaivoronsky – Manager of Project Management Department Maksim Pavlov – Manager of Project Management Department Pechora LNG project encompasses […]

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Putin vows tenfold Arctic shipping by 2025

Delivering his state-of-the-nation speech to the parliament on Thursday, Russian President Vladimir Putin highlighted the importance of speeding up the countries infrastructure developments. The Arctic plays a strategical important role in the plan. «A number of large-scale industrial projects in the Arctic have already been launched,» Putin said and ensured those projects meet the strictest […]

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LUKOIL exercises a comprehensive approach to the development of the Northern Caspian and intends to build a gas chemical complex in the Stavropol territory

In the course of the meeting with Russian President Vladimir Putin, Vagit Alekperov, Head of Lukoil, has reported on the results of company’s activities in 2017 and perspective projects for 2018. Lukoil demonstrated a dynamic growth in 2017. Total investment counted 500bn RUB. As Lukoil annually launches new offshore platforms in the Caspian Sea, in […]

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Free webinar on Arctic (Yamal peninsula) Oil and Gas projects development

Head of the Energy Ministry has announced the following perspective development priorities for the Russian oil and gas industry: developing the Arctic and Yamal-Nenets Autonomous District, improving the oil and gas infrastructure, as well as boosting the LNG production. As reported by Alexander Novak, Minister of Energy of the Russian Federation, Russia is capable of […]

Request a report on the results of the study on construction and modernization of oil terminals

The report covers: The most representative innovative terminals: top 7 countries with the fastest growing storage industry and the most popular terminals to visit Hot issues of sector development: what drives storage industry to succeed Criteria for the selection of technologies and equipment: which areas lack innovations and many other crucial for further industry development […]

Get a report on Yamal and adjusting territories oil and gas investment projects

The analytical team of “Vostock Capital” has prepared an extensive report on Yamal and adjusting territories oil and gas investment projects, which provides: an overview of the most promising oil and gas investment projects in the region; major infrastructure and logistics projects in Yamal and the surrounding areas; criteria for the selection of technologies and […]

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