Closed joint-stock company Tver oil refining complex (TNPK, Russia) is studying the issue of building petrochemical production facilities in Zhytomyr region, the press service of Zhytomyr regional administration has reported.
The press service said that the approximate cost of the project is around $20 billion.
CJSC TNPK was registered by two Russian citizens (Andrei Goryuchkin and Vladimir Patokov) in 2011, with a charter capital of RUR 100,000.
According to a posting on the Web site of TNPK, the new petrochemical production facilities are to produce motor fuel, organic synthesis products and mineral fertilizers. Oil, natural gas and coal will be used as raw materials.
"The key technological and ecological solutions, an approach to the consumption of raw materials, internal organization and the building of the energy complex as an independent business are based on an idea proposed by Mikhail Khodorkovsky that was stated in 2003," the company said.
Developers of the project say that initially it was planned to build the petrochemical production facilities in Tver region in Russia, although political reasons are pushing the company to realize the project in Ukraine or Australia.
"An address to lawmaker of the Ukrainian parliament, Rinat Akhmetov, and Ukrainian President Viktor Yanukovych was sent via sponsors of the project who share the ideas of Khodorkovsky. At present, Ukraine has not made a final decision, but the country is expressing its interest in the realization of the project and is holding a constructive dialogue," TNPK said.