September 15, 2017 / 3:26 PM / 10 days ago

Saipem to conduct feasibility study on Rosneft chemical plant: Ifax

MOSCOW (Reuters) - Russian oil major Rosneft has commissioned Italian engineering company Saipem to conduct a technical and commercial feasibility study of Rosneft’s planned petrochemical plant in Russia’s far east region, Interfax news agency reported.

Rosneft says the plant, to be called the Eastern Petrochemical Company, or VNKhK, will be the biggest such complex in that part of Russia.

Reporting by Christian Lowe; Editing by Vladimir Soldatkin

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