SINOMEC and the authorities of Primorsky Krai has agreed to set up a refinery

© RIA Novosti / Alexei Danceparty in фотобанкIV East economic forum. Archival photoSINOMEC and the authorities of Primorsky Krai has agreed to set up a refinery© RIA Novosti / Alexei Danceparty the image Bank

The acting Governor of Primorye Andrey Tarasenko and Deputy President of China energy engineering Corporation SINOMEC Liu Yipin on Thursday in the East economic forum signed the agreement on intentions on building in region of a refinery with a total investment of 50 billion rubles, the press service of the regional administration.

Earlier Tarasenko has offered Chinese Corporation to participate in the construction of a factory of modular type producing diesel and fuel oil, and at later stages – gasoline.

«The agreement signed with the WEF 2018, we are talking about a project worth at least 50 billion rubles. In the course of its implementation it is planned to create at least a thousand new jobs.

Currently, the investor determines the promising territories for the future of the plant», — is spoken in the message.

According to Tarasenko, bring in Primorye raw materials for processing at a local factory ready company of Surgut, the same intention was expressed by «Gazprom Neft», «Tatneft». Liu Yipin added that SINOMEC intends to continue negotiations on the supply of raw materials «Rosneft».

«In the next few days our technicians will arrive in Primorye to explore potential sites for placement of the plant», – said Vice-President of the Chinese Corporation.

Fourth Eastern economic forum will be held at the site of the campus of the far Eastern Federal University on island Russian in Vladivostok on September 11-13. MIA «Russia today» is the General information partner of international economic forum.