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Gazprom & SIBUR Sign Preliminary Contract for Ethane Fraction Supplies from Amur GPP

Source: www.gulfoilandgas.com 2/15/2018, Location: Asia

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Valery Golubev, Deputy Chairman of the Gazprom Management Committee, and Dmitry Konov, Chairman of the Management Board of SIBUR Holding, today signed at the Russian Investment Forum in Sochi a preliminary contract for ethane fraction supplies.

The document outlines the basic terms of future product supplies from Gazpromís Amur Gas Processing Plant (GPP) to SIBURís planned Amur Gas Chemical Complex (GCC). Specifically, the total guaranteed supplies of ethane fraction will amount to some 2 million tons per year. The pricing formula will be agreed by the parties to the contract.

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