Sakhalin Oblast, The Building of Gas-Chemical Plant for the Production of Methanol and Ammonia

 Project purpose: Implementation of large oil and gas projects “Sakhalin-1” and “Sakhalin-2” will greatly increase mining of oil and gas on the territory of Sakhalin region, which will create possibility to develop gas-chemical manufactures. Within this project it is supposed to build a plant for production of methanol and ammonia

Duration and stages of project implementation: up to 10 years

Investment project participants: Administration of Sakhalin oblast, private investor

Current implementation stage of the project: There were made investigations on perspectives of creation of a gas-chemical manufacture on the territory of Sakhalin region. There were studied grounds for building of the plant for production of methanol and ammonia

Essential project documentation: Project is of higher-priority and is included in the plans of economic development of Sakhalin region

Availability of the final state, departmental and environmental permission: After the development of the Basis of the investments, the document will be submitted for approval to the public authorities of the Sakhalin region

Estimated cost of the project: 664,7 M Euro

Type of state support: The creation of appropriate conditions for the realization of the project, supply with the area for the building of the plant, decision of co current questions.

Sources of financing (%): funds of investors – 100

Measure of the investor's rights of property and/or rights in personal for results of the investment project implementation: right of property and management of created company

Payback period: 6 years

Means of attraction of the investments: credit

Initiator of the investment project:Committee of Economy of Sakhalin Oblast, 39, Communist pr, Juzhno-Sakhalinsk, 693000

Contact Info: Vice-governor of the region - Bocharov Oleg Sevastyanovich tel. +7 (4242) 72-39-45; fax +7 (4242) 72-39-42;