«SIBUR» LLC is the managing organization of PJSC «SIBUR Holding».
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Subscribe to newsRussia's biggest petrochemical company Sibur expects its new oil products export terminal at the port of Ust-Luga on the Baltic Sea, with a total capacity of 4 million mt/year, to be fully operational by the end of the year, a company spokeswoman said Thursday.
The Rb25 billion ($774 million) complex has a loading capacity of 1.5 million mt/year of liquefied petroleum gas (LPG) and 2.5 million mt/year of light oil products.
On Wednesday, Sibur loaded the first gas carrier going to France, marking the start of operations at the terminal's pressurized LPG facility.
Sibur is now planning step-by-step commissioning of other facilities at the terminals through the next few months, the spokeswoman said.
"The facility, which includes pressurized LPG, isothermal LPG and light oils tank storages, is expected to be fully operational until the end of the year," she said.
The terminal is capable of delivering up to 1.1 million mt/year of cooled LPG and up to 0.4 million mt/year of pressurized LPG.
The terminal, which is Russia's first LPG loading capacity on the Baltic Sea, allows Sibur to send the products directly to Northwestern Europe. Until now, it had to deliver LPG to Europe by rail or via foreign ports on the Black Sea or Baltic Sea, Sibur said Wednesday.