Ust-luga’s gas chemicals facility

Russia is building its largest gas chemicals facility next to the sea port of Ust-Luga (Leningrad Region). The total capacity of the facility will be up to three million tonnes of polyethylene per annum.

VEB.RF’s loan is limited to RUB111bn and will be allocated to finance FEED, advance payments under license agreements and subcontracts, including long lead items and other project related expenses.

Ust-luga’s gas chemicals facility
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Natural gas processing plant in Nakhodka
Natural gas processing plant in Nakhodka
Project cost
VEB participation
Shchekinoazot’s methanol production site phase three
Shchekinoazot’s methanol production site phase three
RUB 22bn
Project cost
RUB 4.5bn
VEB participation

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