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October 22, 2021updated 26 Apr 2022 12:41pm

Irkutsk Oil Company Ust-Kut Complex, Russia

By Carmen

Irkutsk Oil Company Ust-Kut Complex is an upcoming petrochemical complex located in Irkutsk Oblast, Russia. The complex is expected to commence commercial operations in 2025 and is likely to have an annual petrochemical capacity of 2.63mtpa. The plants in this complex are operated by Irkutsk Oil and Irkutsk Polymer Plant.


Details of key upcoming projects in Irkutsk Oil Company Ust-Kut Complex

The complex is set to add capacity with upcoming plants including Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Ethylene Glycol Plant (0.6mtpa), Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Ethylene Oxide Plant (0.43mtpa), Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Methanol Plant (0.3mtpa), Irkutsk Oil Company Ust-Kut Ethylene Plant (0.65mtpa), and Irkutsk Oil Company Ust-Kut Polyethylene Plant (Swing) (0.65mtpa).

The technology and operator details for upcoming plants are as follows:

Plant NameOperatorTechnology
Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Ethylene Glycol PlantIrkutsk Oil
Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Ethylene Oxide PlantIrkutsk Oil
Irkutsk Oil Co & China Pingmei Shenma Energy & Chemical Group Jv Methanol PlantIrkutsk Oil
Irkutsk Oil Company Ust-Kut Ethylene PlantIrkutsk Polymer PlantMcDermott Lummus Ethylene Technology
Irkutsk Oil Company Ust-Kut Polyethylene Plant (Swing)Irkutsk Polymer PlantUnivation Polyethylene Technology


Key Products Capacity – Irkutsk Oil Company Ust-Kut Complex, 2021-2030

The complex is expected to produce key products such as ethylene, polyethylene, ethylene glycol (EG), ethylene oxide (EO), and methanol.

Ethylene and polyethylene account for major capacity share i.e., 24.7% of the total annual capacity of the complex with 0.65mtpa each.

About Irkutsk Oil


Irkutsk Oil Co LLC (Irkutsk Oil) is an oil and gas company that offers exploration and production of oil and gas fields and blocks. It offers exploration and production of crude oil, condensate and natural gas in Irkutsk region and in the Republic of Sakha. It implements gas re-injection project and studies other opportunities of gas utilization. Irkutsk Oil also offers drilling and hydrocarbon production. The company’s oil treatment facility is designed to collect, separate, dehydrate and desalt oil-water blends coming from the wells of Yarakta and Danilovo fields. Irkutsk Oil is headquartered in Irkutsk, Russia.

Methodology

Information on the petrochemical complexes/plants is sourced from GlobalData’s oil & gas petrochemicals plants database that provides detailed information on all active and upcoming, petrochemical plants globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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