Rosneft and Manzhouli Far East Gas Co. Ltd. (Far East Gas) signed an agreement of intent for cooperation in the field of propylene and various types of liquefied petroleum gases (LPG) transshipment to the People's Republic of China at the XXIII St. Petersburg International Economic Forum.
The document establishes the parties' intentions to assess the prospects of transshipping LPG and propylene produced by the Company through the terminal owned by Manzhouli Far East Gas located in China at border Zabaikalsk – Manchuria. Total planned capacity of the terminal is up to 3,000,000 tons of LPG and propylene per year.
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