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Gas supply contract for NFP is signed

September 4, 2015

Today, within the framework of the first Eastern Economic Forum, ZAO "Nakhodka Mineral Fertilizers Factory" and OOO Gazprom Mezhregiongaz signed a gas supply contract.

The contract is signed for a period of 20 years and provides for annual gas supplies of up to 3.15 billion cubic meters for the needs of a mineral fertilizer plant in the Russian Far East.

“Signing a commodity contract is one of the key milestones in the project life cycle. NFP will become one of the world's largest producers of mineral fertilizers and will be of great importance for the development of the chemical industry in the Far East and Russia, ”said Nikolay Sabitov, General Director of ZAO "Nakhodka Mineral Fertilizers Factory".

Reference

Nakhodka Mineral Fertilizer Plant (NFP) is a large-scale investment project for the construction of methanol and urea production capacities in the Russian Far East.

The construction is carried out under the “turnkey” EPC contract with the leading international contractor for the construction of gas chemical plants - China Chengda Engineering Co., Ltd.

The construction of the plant will ensure the creation of more than 1,500 highly qualified jobs in the Nakhodka city district, and after tax holidays and launch of the Phase 2, up to 14.5 billion tax revenues to budgets of all levels annually.