Sibur Abandons Plan for LPG Pipeline to Baltics, Vedomosti Says

ZAO Sibur Holding, Eastern Europe’s biggest petrochemicals producer, dropped a plan to build a pipeline from West Siberia to the Baltics because of the company’s growing need for products used for refining in Siberia, Vedomosti reported, citing an unidentified Sibur representative.

The pipeline would have transported 5.5 million metric tons of liquefied petroleum gas for sale through Baltic Sea ports, the newspaper said.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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