Novatek, YNCC JV light naphtha

Novatek, YNCC JV for light naphtha

4:52 AM, 11th February 2013
Novatek, YNCC JV for light naphtha

SINGAPORE/MOSCOW, RUSSIA: OAO Novatek concluded a commercial agreement with the Yeochun Naphtha Cracker Centre (YNCC), a South Korean petrochemical company, for supplying up to three hundred thousand tonne of light naphtha produced at the Ust-Luga Gas Condensate Transshipment and Fractionation complex in 2013.

“Novatek has already worked out reliable logistics of product supplies to South Korea, and we are confident in the security of supply of the required volumes of naphtha as a feedstock for our production,” said Paul Y Joo, Executive Vice President, YNCC.

© WOC News

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