June 19 opening of the first phase of the complex handling and fractionation of stable gas condensate and products of its processing capacity of 6 million tons per year in the Commercial Seaport "Ust-Luga". Five years ago, there was an agreement on the construction of the terminal in the area. Today, these ideas are turned into reality. The project is implemented by LLC "NOVATEK-Ust-Luga", investments amounted to about 20 billion rubles.
June 19 held the first tanker shipment, which will deliver 80 tons of naphtha produced at the Complex, the Brazilian company Braskem.
The first phase of the complex includes the installation on the fractionation of stable gas condensate (CFS) design capacity of 3 million tons per year, the Commodity farm with capacity 520 thousand cubic meters deep-water dock, equipped standers and able to receive tankers with deadweight up to 120 thousand tons, administrative and economic zone, engineering systems and networks, as well as wastewater treatment plants. The construction of the second phase of the complex, including another installation on the fractionation of SGK design capacity of 3 million tons per year. The completion of the second phase is scheduled for the fourth quarter of 2013.
Another major investor — LLC "SIBUR-Portenergo" realized in the port of "Ust-Luga" investment project to build a complex for transshipment of liquefied petroleum gas (LPG).
Work began in 2007. This year will begin handling of LPG and petroleum products. Is expected to create 290 new jobs.
OJSC "NOVATEK" — the largest independent and the second-largest natural gas producer in Russia. Established in 1994, the company is engaged in the exploration, extraction and processing of natural gas and liquid hydrocarbons. Fields and license areas are located in the Yamal-Nenets Autonomous District, the world’s largest regional producer of natural gas, which accounts for about 90% of natural gas production in Russia and about 17% of the world’s gas production. "Novatek" is an open joint stock company established under the laws of the Russian Federation. Company ‘s shares "listed in Russia on MICEX-RTS, Global Depositary Receipts — on the London Stock Exchange (LSE) under the symbol« NVTK ».
SIBUR is a unique vertically integrated gas processing and petrochemical company. SIBUR owns and operates the largest gas processing business in Russia in terms of associated petroleum gas and petrochemical industry is the leader of the country.
Implementation of projects to increase the volume of APG in Russia leads to the growth of it produced liquefied petroleum gas (LPG). The strategic benchmark SIBUR — gas and chemical processing of this raw material in the territory of Russia in the final bulk polymers. To this end, the company is implementing large-scale projects for the construction of major petrochemical plants in Tyumen, Nizhny Novgorod region and other regions. However, domestic demand for LPG from petrochemical plants, utilities and vehicles run on natural gas, while much lower than the supply. Therefore, a further increase in the production of LPG requires effective export channels.
As of March 31, 2013 SIBUR worked on their own 27 production sites located in different regions of Russia. The company sells its products in more than 1,500 major customers in the energy sector, the automotive, construction, manufacturing consumer goods, chemical and other industries in over 60 countries around the world. The number of employees of the Group at the end of the 1st quarter of 2013 amounted to more than 30,000 people.