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SIBUR

SIBUR is Russia’s largest integrated gas processing and petrochemicals company. SIBUR sells energy products on the Russian and international markets. In addition it supplies a portion of its feedstock to the Group’s petrochemicals segment for further processing into a wide range of products, underscoring the benefits of vertical integration.

Opportunity

Russia’s largest gas processing and petrochemicals company saw an opportunity to meet European demand for LPG from increased local production. A new terminal was constructed near St Petersburg, but Sibur still faced the challenge of sustaining exports during freezing winters. At the time, no adequately-sized ice class gas carriers existed.

Solution

In partnership with Sibur, we explored the various vessel capabilities that would suit its intended trade routes. We then constructed four handysize vessels with ice class capability sufficient for operating in the harsh climate of the Baltic Sea.

About the vessel used

leo
libra
luga
yauza