Project Owner: Silleno LLP (29.9% KazMunayGas; 10.1% KMG PetroChem LLP, 30% SIBUR PJSC, 30% SINOPEC).
Capacity: production of 1,250 kta of Polyethylene.
Estimated Cost: US$7.4 bln.
Location: Atyrau region, NIPT SEZ territory (Karabatan site)
Expected Execution Period: completion of construction and installation works — 2028, start-up — 2029.
Target markets: Kazakhstan, Europe, CIS, China, Türkiye and other markets
Feedstock: 1.6 mln. tons of Ethane annually recovered from 9.1 bcma of Dry Gas sourced from Tengizchevroil LLP fields.
Number of jobs created: about 8,000 during construction phase and about 800 during operation phase.
Status: engineering stage.
Way Forward
From June till August this year the Project participants are expected to take Final Investment Decision whereafter transition to construction stage is expected.