FEPCO & Far Eastern Branch of RAS Sign Scientific and Technical Deal

By Joseph R. Fonseca
Thursday, July 10, 2014
logo

 

Far Eastern Petrochemical Company and Far Eastern Russian Academy of Sciences division have signed an agreement on scientific and technical collaboration.

As part of the agreement Far Eastern Petrochemical Company (FEPCO) and Far Eastern branch of Russian Academy of Sciences (FEBRAS) are going to realize a number of research programs relating to high-performance energy- and resource-saving technologies in the sphere of complex hydrocarbons processing. Moreover, the base of FEBRAS will be used as a site for training FEPCO specialists in the course of their doctorate studies at Academy of Sciences regional branches institutes.

The term of the contract is up to 2022. In this period of time FEBRAS specialists will have the possibility to participate in all stages of FEPCO project implementation. The joint work with Far Eastern scientists will be a supplementary guarantee in the problem of providing ecological security during the oil refinery complex construction and exploitation. Also in the course of project programs will be realized in the field of research and technical developments aimed at amplification of oil refining and petrochemical industry.

The construction of a modern petrochemical and oil refining complex in the Far East of Russia is one of the biggest Rosneft projects. Its realization is performed by Far Eastern Petrochemical Company (FEPCO).

The complex with designed capacity of up to 30 mln tons of hydrocarbon crude per year, which is planned to be situated in Partizansky district of Primorsky Krai, will start the formation of Far Eastern petrochemical cluster.

The project is a solution for several large-scale problems. The first one is to provide high-quality motor fuel for the growing needs of Far East regions. During peak demands FEPCO can produce more than 100 thousand tons of motor fuel per month.

The second problem is to shift away from exporting crude products to producing higher-value-added goods. The petrochemistry production – polymers – will come both on prospective markets of Asian-Oceanian countries and will be used for domestic manufacturing.

The FEPCO project will be realized in three steps: I – petrochemical complex with planned efficiency of 12 mln tons of oil per year; II – petrochemical complex with planned efficiency of 3,4 mln tons of oil per year, III – oil refining and petrochemistry, making 12 mln tons per year and 3,4 mln tons per year respectively (the realization of the third step of the project is planned given that the corresponding market conditions exist).

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Asia-N.Europe Box Rates Jump 170 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday,

NAT Acquires Four 150,000dwt Tankers

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard.

Finance

Partners Tap Standardization to Trim Newbuild Costs

Unfamiliar specifications and processes often result in rework, delays and misunderstandings, and are adding thousands of engineering hours to the design and construction

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Asia-N.Europe Box Rates Jump 170 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday,

Energy

Transport via Northern European ports more sustainable

On the European continent, the Alps form a natural barrier for international transport. Containers can be transported to Southern Germany, the Czech Republic or

MOL's LNG Carrier KUMUL Delivered

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co.

NAT Acquires Four 150,000dwt Tankers

Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard.

News

Cruise Ship Makes Historic Trip from US to Cuba

Cruise ship MV Adonia sailed into Havana this morning, completing the first leg of its historic inaugural voyage to Cuba that began on May 1, 2016, from Miami,

Allcargo Groups Subsidiaries as ECU Worldwide

ECU Line, Econocaribe and China Consolidators undergoes rebranding to build a Global Brand Connect   India’s integrated logistics solution provider Allcargo Logistics

Northwest Seaport Alliance Joins Green Marine

The Northwest Seaport Alliance has signed on to participate in Green Marine, North America’s largest voluntary environmental certification program for the maritime industry.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1065 sec (9 req/sec)