Siberia | Materials, extraction

VChNG to invest $160m in APG utilization project

24 Nov '10
Verkhnechinskneftegaz (VChNG), operator of Verkhnechonsk oil and gas deposit in Irkutsk region, intends to invest about $160m in utilization of associated petrol gas, news agency RIA Novosti reports.

Under plans, the company is to utilize associated petrol gas through gas injection and creating its own generation facilities.

Under the project, the company is to build two power stations with capacity of 26 and 64 MW, 11 gas injection wells and gas compressor station with power capacity of 20 MW with injection volumes of 7.6 billion cubic meters.
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Locations: Irkutskaya oblast

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