Kulkarni, P.
Despite Western sanctions, Russian energy projects thrive
Russia’s potential for a robust downstream sector stems from the country’s enormous oil and gas resources.
New projects decline, but backlog holds strong
Petrochemicals
/ Process Optimization
/ Project Management
/ Refining
/ Americas
/ Aromatics
/ Asia/Pacific
/ Construction
/ Economics
/ Engineering & Design
/ Europe
/ Middle East
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
Southeast Asia’s Singapore hub thrives as neighbors cope with growing demand for fuels, petrochemicals
   State oil company Petron’s Port Dickson refinery   in Malaysia (top) has a rated capacity of 88 Mbpd. Shell’s   refining and petrochemical complex at..
Economic drivers point to strong E&C growth
Process Optimization
/ Project Management
/ Americas
/ Asia/Pacific
/ Construction
/ Economics
/ Engineering & Design
/ Equipment
/ Europe
/ Management
/ Middle East
Fundamentals suggest that the industry business climate for most downstream engineering and construction companies (E&C) will remain strong for the foreseeable future.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
