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New petrochemical project for Tecnimont in Amur, Russia

Milan, May 7th, 2020 - Tecnimont keeps expanding its presence with new projects worldwide: the latest one in the pipeline has been sealed with Amur GCC LLC, a subsidiary of PJSC Sibur Holding, related to the petrochemical development of the Amur Gas Chemical Complex (AGCC). Tecnimont will be the majority leader of the consortium including MT Russia LLC, Sinopec Engineering Inc. and Sinopec Engineering Group Co., Ltd Russian Branch.

The EPSS (Engineering, Procurement and Site Services) contract, worth approximately €1.2 billion, involves the implementation of several large-scale polyolefin units in the downstream expansion of the Amur Gas Processing Plant (AGPP) located in the Amur region in the Far East of the Russian Federation, close to the border with China. The Mechanical Completion of the project is expected within 2024.

In its complexity, this gas development initiative, composed of AGPP and AGCC, represents a turning point in the global energy processing scenario and will constitute one of the largest petrochemical facilities in the world, fed with products associated to natural gas of the AGPP project.

Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “This project confirms the reliability of our strategy to promote early involvement in the development of projects with selected clients, having long term industrial vision throughout the natural gas value chain. AGCC project follows Tecnimont’s engagement in Amur giant Gas Treatment plant in the Russian Far East Region and represents its downstream monetization into polyolefins. In such extraordinary times due to the Covid outbreak, we are eager to engage ourselves in this prestigious job and to put our best energies at the service of a long-time client such as Sibur”.