ATLANTA, GEORGIA - May 29, 2007 :- A new oil refining and petrochemical complex in Nizhnekamsk, Republic of Tatarstan, Russia will use GE Energy's gasification technology, marking the first commercial application of gasification technology in that country.
Under a licensing agreement recently signed by GE and CJSC Nizhnekamsk Refinery, GE gasification technology was selected to produce synthesis gas (syngas) from petroleum coke at a cogeneration plant that is part of the complex. The plant will supply power for the entire complex and additional power for the Republic of Tatarstan grid.
Being designed to process seven million tons of crude oil per year, the complex will include the oil refinery, a deep conversion plant and a petrochemical plant. Commercial operation is targeted for the end of 2010.
"While our gasification technology is widely used around the world, particularly in China where we have 30 licensing agreements, this project marks a breakthrough for our business in Russia," said John Lavelle, general manager of gasification for GE Energy.
The scope of GE's gasification agreement with CJSC Nizhnekamsk Refinery includes preparation of a process design package, field services and the supply of proprietary equipment for the gasification plant.
Foster Wheeler France of Paris has been awarded the front-end engineering design contract for the new complex, while Foster Wheeler Italiana of Milan, Italy will handle detailed engineering of the gasification plant.
About GE Energy
GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2006 revenue of $19 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.
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