SIBUR forms LPG transportation joint venture with Russian railway operator

摘要

LONDON (ICIS)--SIBUR and Russian railway operator SG-trans have set up a liquefied petroleum gas (LPG) transportation joint venture to be called Petrochemicals Transportation Company (NKhTK), the Russian oil and gas major said on Wednesday. As part of the deal, valued at Russian roubles (Rb) 9.4bn ($143.1m), Sibur sold its LPG tank car fleet to NKhTK via a leasing company.