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

Contracts

Carnival to Add Nine Ships to Cruise Fleet

Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri

'Run to Remember' by USCG Foundation

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced this year’s

IMTRA Announces Exclusive Sola-Cure Distributor Partnership

IMTRA announced today through its exclusive North American distributorship of Sola-Cure shades — its line of customizable, high-quality and comprehensive solutions

Finance

Golden Ocean and Knightsbridge Complete Merger

The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company,

Panama Canal Sets Sight on Another Expansion

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion

Baltic Sea Freight Index Flat on Muted Vessel Activity

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained steady on Thursday due to a muted vessel activity.

Environmental

ABB, Samsung SDI JV to Develop Microgrids Globally

ABB and Samsung SDI have signed a Memorandum of Understanding to promote microgrid solutions globally. The two companies will establish a global commercial alliance

Icebreaker Murmansk Launched at Arctech Helsinki Shipyard

The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she was

EALs & Oil Spill Remediation

EALs & Oil Spill Remediation: The Effects of EALs on Oil Spill and Discharge Reporting and Remediation In the wake of increased environmental scrutiny and potentially expanding liability issues,

Energy

SAL Heavy Lift Performs Offshore Windfarm Work

MV Lone proves as project platform for Wikinger wind farm   SAL Heavy Lift informs it has completed the second phase of the Wikinger Pile Testing Campaign with DP II Class vessel MV Lone.

Huge Heavy Lift Project Wraps up in Colombia

Mammoet concludes multi-year heavy lifting and transport project for refinery in Cartagena, Colombia   Mammoet USA informs it has completed a heavy lifting and

ABB, Samsung SDI JV to Develop Microgrids Globally

ABB and Samsung SDI have signed a Memorandum of Understanding to promote microgrid solutions globally. The two companies will establish a global commercial alliance

News

Carnival to Add Nine Ships to Cruise Fleet

Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri

Coast Guard Academy Cadet to Receive Fulbright Scholarship

Stephen Horvath, a first class cadet at the U.S. Coast Guard Academy, was recently granted a two-year Fulbright Scholarship to study renewable energy technologies

Ecochlor Presents BWTS Case Study at CMA

Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.5725 sec (2 req/sec)