LNG

Oct 12 (LNGJ) - Technip Energies, the engineering company whose current contracts include the Arctic LNG II export project in Russia, has created a joint venture, Nova Energies, to become the main carbon-capture project firm in Russia with Arctic LNG engineering partner, the Russian company Nipigas. The Nova joint venture has been chosen by Russia’s largest petrochemicals company, the Sibur Group, to study potential carbon-capture solutions at its largest plant.

   “We are pleased to announce that the Nipigas team in partnership with Technip Energies has begun the development of a project to reduce carbon emissions of the largest petrochemical enterprise in our country and at the main production asset of Sibur,” said Dmitry Evstafiev, General Director of Nipigas. “This project gives Nova Energies an opportunity to contribute to the development and to take a leading position in the market for the energy transition in our country,” added Evstafiev.