Rosneft and Sinopec Sign Agreement For Gas Processing & PC Complex

摘要

Moscow—Rosneft and Sinopec have signed a framework agreement for a joint pre-feasibility study of a project that involves construction of a gas processing and petrochemical complex in east Siberia (PCN, 21-28 Dec 2015, p 4). Further to a memorandum of understanding signed between the parties last year, the agreement provides for technology selection, as well as selection of a project management consultant. The partners will also identify competitive challenges and when to address them prior to the front-end engineering design stage. The parties plan to create a joint venture in 2017.