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 Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Alewijnse Success at Damen Shiprepair Dunkerque

Electrical system integrator Alewijnse Marine Systems is celebrating the first anniversary of delivering electrical services and maintenance to vessels at Damen Shiprepair Dunkerque.

GE Gas Turbine to Power USCG Cutter

GE LM2500 gas turbine to power United States Coast Guard‘s eighth National Security Cutter   GE Marine reports that its LM2500 gas turbine will power the United

U.S.: Stronger Response in South China Sea Needed

By releasing video of Beijing's island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the

Finance

U.S.: Stronger Response in South China Sea Needed

By releasing video of Beijing's island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the

Aramco Offers Rare 1.5 pct Gasoil Cargo

Aramco Trading, the trading arm of oil producer Saudi Aramco, has offered a rare gasoil cargo with a 1.5 percent sulphur content for June lifting from Rabigh, traders said on Thursday.

Golden Ocean: Worst Bulk Market Since 1980s

Dry bulk shipping firm Golden Ocean reported first-quarter earnings below forecasts on Thursday and said its market had gone from "bad to worse" with market conditions not seen in three decades.

Environmental

US Orders Owner to Clean Up Ruptured Pipeline

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal

Five Years on from Macondo

An interview with NOIA’s Randall Luthi provides unique perspective on where the offshore energy business has been, where it is now, and where it could be headed next.

Korean Register Opens Green-ship Certification Center

The Korean Register informs it has formally opened the Green-ship Equipment Test Certification Center in Gunsan, Jeonbuk, Korea.   This large-scale facility will

Energy

US Orders Owner to Clean Up Ruptured Pipeline

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal

Five Years on from Macondo

An interview with NOIA’s Randall Luthi provides unique perspective on where the offshore energy business has been, where it is now, and where it could be headed next.

Offshore O&G: Weathering the Storm

Vessels are stacked as Gulf oil operators retrench and day rates fall. In the Gulf of Mexico, vessels serving offshore oil-and-gas exploration and production are

News

US Orders Owner to Clean Up Ruptured Pipeline

Federal order ensures continued action on Santa Barbara County oil spill   The U.S. Environmental Protection Agency and the U.S. Coast Guard issued a joint federal

Israeli Port Workers Defy Court Order to Continue Strike

Striking Israeli dockworkers defied a court order on Thursday and shut down the country's two main seaports for a second day in protest at the creation of two new foreign-run ports.

New Ferry Safety Initiative from RINA

Italy-based classification society RINA informs it has launched a ferry safety initiative.    The Asset Integrity Management scheme for ro-pax ferries covers fire risk mitigation,

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
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: 0.1633 sec (6 req/sec)