The Russian Government Commission on Foreign Investment has approved the participation of Sinopec, China, in the construction of SIBUR Amur Gas Chemical Complex, the Government informed following the Committee’s meeting.
Chinese Lunda is ready to launch a large-scale woodworking production line in the Amur Region. The company occupies one of the leading positions in the forest industry in Shandong Province. Representatives from Lunda and Russia's Far East authorities have discussed prospects for the development of forest resources in the Amur Region. The project was previously approved by the Heihe People's Government.
The Vietnamese investors intend to establish three cattle-breeding complexes in the Amur Region. Prospects for cooperation were discussed at the meeting of the Governor Aleksandr Kozlov with Huynh Minh Tinh, the Consul General of Vietnam in Vladivostok, as reported on Tuesday by the Governor’s press service.
The Saudi Arabian Petrochemical Corporation, Saudi Basic Industries Corporation (Sabic), will review participation in Grigory Berezkin’s ESN Group methanol production project and the Rosneft petrochemical project located in the Far East, the final protocol of the meeting of the joint intergovernmental commission of the two countries says, a copy of this protocol is in disposal of RIA Novosti.
Sibur and Sinopec are discussing the option of establishing a joint venture to implement the project on construction of the Amur gas chemical facility (AGCF), reported Chairman of the Board, Director General of Sibur Michael Karisalov to TASS in the framework of the Russian Energy Week.
The consortium including the subsidiaries of the Italian service company Maire Tecnimont and Chinese Sinopec Engineering Group and general contractor of NIPIgazpererabotka (NIPIGAZ), one of Gazprom’s subsidiaries, signed a contract for building the infrastructure of Amur Gas Processing Plant worth € 3.9 billion, as reported in Maire Tecnimont’s release.