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Instead of raw materials - products
How are projects on the creation in the Far East of oil and gas chemistry production oriented towards the APR countries progressing?
The Far East has significant competitive advantages for the implementation of oil and gas processing projects: 27% of gas reserves and 17% of oil reserves in the Asia-Pacific region are concentrated here, operational costs are low, there are outlets to sea ports, and next to large APR markets, primarily China , which annually increases the import of hydrocarbons. According to the energy development strategy of Russia, by the time of 2035, gas production in the Far East will grow by almost 2,5 times, to 80 billion cubic meters. m per year, oil - by 70%, to 118 million tons.
Oil reserves in the Far East, exceeding 1,3 billion tons, are being developed by several companies, including the Russian market leader Rosneft. The existing East Siberia-Pacific Ocean oil pipeline with the capacity of 50 million tons per year, ending in the Kozmino Bay, can be expanded to 80 million tons per year. According to Transneft, in 2018 a little over 38 million tons will be exported to China via the ESPO. The main oil supplier to China is Rosneft, which has concluded three long-term contracts with China National Petroleum Corporation (CNPC).
To process oil volumes, Rosneft plans to build an Eastern Petrochemical Complex (VNHK) in the Far East in partnership with China's ChemChina. The first stage of the plant in Nakhodka (Primorsky Territory) involves the construction of facilities for processing 12 million tons of oil per year, the second stage - petrochemicals with a capacity of 3,4 million tons of feedstock per year. At the first stage, the plant will produce gasoline, diesel fuel, kerosene and bunkering fuel for export to the APR countries. Now Rosneft includes three petrochemical plants: in the Samara region, in Eastern Siberia and in the Republic of Bashkortostan. In 2017, they processed more than 2,3 million tons of raw materials, producing about 2 million tons of products.
Gas reserves in the east of the country are being developed by Gazprom. In Eastern Siberia and the Far East, the company holds licenses for 37 fields with gas reserves in licensed areas in excess of 5,7 trillion cubic meters. The largest operating fields in Sakhalin provided 2017 million tons of liquefied natural gas in 11,5. Gazprom exported 3,3 million tons of liquefied natural gas, of which 38% of supplies fell to Japan, 18% to China, 12% to Taiwan, 8% to South Korea. Existing gas pipelines with the length of 1,8 thousand km allow transporting gas from Sakhalin fields only to the Khabarovsk Territory and to the south of Primorye. The pipeline "Power of Siberia" with a length of about 3 thousand km will connect the Amur Region with deposits in Yakutia and the Irkutsk Region, and will also provide opportunities for gas supplies across the Amur River. Tests of the first stage of the gas pipeline are planned for 2019 year.
For the processing of the products of the "Force of Siberia" in the Amur Region, the Amur Gas Processing Plant is being built. It will become the largest gas processing enterprise in Russia and the second largest in the world. The design capacity of the plant is 42 billion cubic meters. m of gas per year. Six gas processing lines will be created at the GPP, two will be put into operation in 2021. With the launch of the enterprise for export to the countries of the Asia-Pacific region, supplies of propane and butane (up to 1,5 million tons per year) and helium (up to 60 million cubic meters per year) will go.
In May 2018, within the framework of the St. Petersburg Economic Forum, the SIBUR holding signed a long-term contract for the supply of ethane fraction from the Amur GPP with Gazprom. The company plans (the final decision has not yet been made) to implement in the Amur Region the project of the Amur Gas Chemical Complex with a capacity of about 1,5 million tons of ethylene per year with further processing into polymer products. The project related to the processing of raw materials by Power of Siberia was also announced by the ESN group, which intends to build an enterprise for the synthesis of methanol with a capacity of 1 million tons per year in Skovorodino (Amur Region). It is assumed that the products of this plant will also be partially exported to the Asia-Pacific countries.
Thus, the prospects for the development of the oil and gas industry are largely associated with the construction of refining facilities in the Far East. This is due to the high growth rate of the economies of the Asia-Pacific region and the growing market for oil and gas chemical products.
The prospects for the development of the industry at the site of the Eastern Economic Forum in Vladivostok will be discussed in more detail at the specialized sessions "Oil and Gas Processing: Creating a New Industry Cluster" and "Russia, South and North Korea: the Future of a New Economic Cooperation Space?"
Published in the journal "Economics of the Far East"
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