Swedish power transmission provider, Eltel Networks Te AB, has said that it will electrify an US$ 8 billion refinery project in Angola.
The company plans to switch on a 250 km transmission line in October, that will link the Cambambe hydroelectric dam with the 200 000 bpd plant under construction near Lobito. The US$ 130 million line will be the first to connect the country’s north and centre.
A joint venture between Japan based Chiyoda Corporation and Taiwanese CTCI Corporation has been awarded the contract for the Engineering, Procurement, Supply, Construction and Commissioning (EPSCC) of US$ 1.5 billion Laffan Refinery 2 (LR 2) project.
To be constructed adjacent to the existing Laffan refinery (LR1), LR2 will have a processing capacity of 146 000 bpd and will also be operated by Qatargas.
Sri Lanka’s sole refinery is facing the prospect of a four day closure caused by a delayed crude oil delivery. This coincides with plans for routine maintenance.
State run Ceylon Petroleum Corporation (CPC) was expecting to receive a crude parcel of 1 million bbl, however the supplier missed the original deadline due to a problem with the transportation vessel.
Vietnamese Prime Minister Nguyen Tan Dung has agreed in principle to the construction of a refinery and petrochemical complex by Thailand’s PTT in the province of Binh Dinh.
Construction at the refinery is expected to start in 2016, with completion scheduled for 2020.
Also in Vietnam, PetroVietnam plans to build two more refineries with 200 000 bpd capacity.
Edited from various sources by Emma McAleavey.
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