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Chinese investors continue construction of an oil refinery in the Amur region - Kozhemyako
Chinese investors have decided not to abandon the construction of an oil refinery in the Amur Region, despite the lack of guaranteed raw materials, Governor of the Amur Region Oleg Kozhemyako said in an interview with Interfax-Far East.
As reported, AK "Transneft" in July officially announced that it was not technically possible to connect the refinery in the Amur Region, which Chinese companies are planning to build, to the ESPO pipeline ("Eastern Siberia - Pacific Ocean"). In addition, Transneft said that the balance of crude oil, compiled on the basis of applications from oil companies, shows that all volumes of oil for the period up to 2025 are distributed, and there is no refinery to be built in the Amur Region among the planned recipients.
“Surprisingly, the Chinese continue to build it. While they are planning to deliver oil to the plant by rail. We welcome this, of course, but we treat the project carefully. The Amur Region did not invest budget funds there, so there are no risks for us. Investors will have to to decide on their own the issues of oil delivery by rail or with a pipe from Russian fields, "said the head of the Amur region.
"Now we are conducting geological exploration of oil fields in the area of the Zeya-Bureinskaya depression. Rosnedra has previously given a positive conclusion about the presence of reserves there. Seismic studies are underway, so that on the basis of them it would then be possible to invest state money in the development of the field. Although it is not very large," - said O. Kozhemyako.