RUSSIA: Lukoil puts on stream gas processing unit in Budennovsk

On 16 Feb. 2016, Deputy Prime Minister of the Russian Federation Arkady Dvorkovich, President of PJSC Lukoil Vagit Alekperov and Stavropol Region Governor Vladimir Vladimirov took part in the official startup of the first phase of the gas processing unit at the Stavrolen plant in Budennovsk.

This project will make it possible for Lukoil to fully utilize associated petroleum gas produced from the fields in the Northern Caspian, supply own gas to new power generation facilities of the Lukoil Group in the Stavropol Region and begin production of petrochemicals.

A part of this associated petroleum gas will be processed to produce polyethylene and polypropylene which in turn will stimulate the development of small and mid-sized plastics processing businesses in the region. The capacity of the plant is 2.2 billion cubic meters of raw gas per year.

Source: Lukoil website, Moscow; 16 Feb 2016
(Syed Rashid Ali, Karachi, Pakistan)