Global construction and expansion projects
Construction plans and contracts
Africa
Libya is going to partner with Tunisia to build a refinery near the Tunisia Skhira oil terminal. This will be the country’s second refinery and is expected to have a processing capacity of 120 000 bpd.
Asia
Sinopec has received US$ 156 million as an advance payment from KazMunaiGas. The payment is part of the EPC contract for the construction and implementation of an aromatic complex at the Atyrau refinery. The contract was originally signed in 2009.
The Cuddalore refinery will be online by the end of 2011 and is currently 40% complete. The Nagarjuna Oil Corporation has commissioned the refinery for approximately Rs 4960 crore. Once completed the facility is expected to process 6 million tpy.
Latin America
PDVSA has received its initial contribution of US$ 400 million for the construction of an oil refinery in Pernambuco state, Brazil. The facility is a joint venture project between PDVSA and Petrobras. PDVSA have a 40% stake in the facility and it will cost approximately US$ 12 billion to construct.
Expansion contracts
Middle East
Iran and Sri Lanka are coming closer to an agreement on the expansion of the Sapugaskanda oil refinery. The new facility will cost approximately US$ 1.3 billion to construct.
Larsen & Toubro is currently bidding on a US$ 300 million contract. The contract is for expansion work at the Sohar refinery, Oman. After expansion work has been completed, the facility will have a processing capacity of 190 000 bpd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/08112010/global_construction_and_expansion_projects/
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