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«SIBUR» LLC is the managing organization of PJSC «SIBUR Holding».

117218, Moscow, Krzhizhanovsky st., 16/1

Active phase of the project for construction of the second stage of Yuzhno-Balyksky GPP started

Construction-and-assembling operations for installation of a new booster compression station have been completed at Yuzhno-Balyksky Gas Processing Plant putting the facility in the commissioning mode. Deliveries of large-sized equipment have been concurrently completed. Construction-and-assembling operations for installation of dryer packages, low-temperature condensation units, a propane refrigeration unit as well as other ancillary facilities are in progress. Start-up of the new complex is expected in the third quarter of 2009.

«In difficult economic situation we continue to implement the investment projects which reduce APG flaring and enhance processing of hydrocarbon feedstock into end products», SIBUR President Dmitry Konov said.

Upgrading of Yuzhno-Balyksky GPP started in 2007. The first phase included the project for reconstruction of the plant with increase of the APG intake capacity from 0.9 to 1.5 billion cum per year and increase of the desired cut recovery depth.

Construction of the second stage of Yuzhno-Balyksky GPP involves increase of APG processing capacity by 1.5 billion cum annually, thus bringing the total annual capacity of the gas processing plant to 3 billion cum of APG. The capacity increase is intended for intake of additional amounts of APG, mainly from Priobsky oil field which is being developed by NK Rosneft.

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Press Office

Anna Lebed

International Media Relations

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