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Rosneft developing downstream solutions with Far Eastern Russian Academy of Sciences

10th July 2014

Far Eastern Petrochemical Company, a Rosneft subsidiary, and Far Eastern Russian Academy of Sciences division have signed an agreement on scientific and technical collaboration

Rosneft developing downstream solutions with Far Eastern Russian Academy of Sciences
The construction of a modern petrochemical and oil refining complex in the Far East of Russia is one of Rosneft’s largest projects being undertaken by Far Eastern Petrochemical Company (FEPCO)

As part of the agreement Far Eastern Petrochemical Company (FEPCO) and Far Eastern branch of Russian Academy of Sciences (FEBRAS) plan to realise a number of research programmes 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 construction of a modern petrochemical and oil refining complex in the Far East of Russia is one of Rosneft’s largest projects being undertaken by Far Eastern Petrochemical Company (FEPCO).

The complex has a designed capacity of up to 30 million tons of hydrocarbon crude per year, and is planned to be built in the Partizansky district of Primorsky Krai.

The project will search for solutions to several large-scale downstream 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. These polymers will be aimed for prospective markets in Asia-Pacific nations, as well as being used for domestic manufacturing.

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