008-SPINTAX-Brazil-petrobras-revises-comperj-reveals-petchem-capacities-londonconstructionPosted by Clements Dideriksen on January 18th, 2021 Brazil Petrobras revises Comperj, discloses petchem capabilities LONDON-Construction work with a significant new joint endeavor refinery task in Turkey costing an estimated bn (?.5 bn) is likely to start in mid-2012, sources near the plan stated on Friday. The 214,000 bbl/day refinery is being established by SOCAR & Turcas Power, a joint venture entailing Azerbaijani state power business SOCAR and Turkish state company Turcas Petroleum, at Aliaga on the Aegean coastline. Both partners are likewise significant shareholders in Turkish petrochemical company Petkim Petrokimya. The brand-new refinery will certainly be constructed at Petkim's existing Aliaga petrochemical production facility. Petkim plans to increase its petrochemicals ability to 6.3 m tonnes/year before 2018, and also the refinery will be an essential resource of feedstocks for the scheduled growth. Building and construction work on the refinery is set up to start by the end of 2011 as well as the plant will certainly be commissioned in 2015, SOCAR & Turcas Power Chief Executive Officer Kenan Yavuz claimed in an interview with regional media on Thursday. Sources in Istanbul validated that the plant is scheduled for conclusion by 2015, but claimed that no major building contracts are due to be granted on the plan this year. Neighborhood firms are currently bidding for a contract to prepare the Aliaga site for the plant, and the winner is most likely to begin work in the direction of the end of the final quarter of 2011, said one elderly design exec with understanding of the project. Nevertheless, bidding process for the main design, purchase and building and construction (EPC) agreements to construct the primary plant is not because of begin until late this year, as well as contract awards are unlikely to be made before the second quarter of 2012, he included. "Real building and construction of the refinery won't begin up until at least a year from now," he stated. If building begins in mid-2012, the plant will be commissioned in the second fifty percent of 2015 at the earliest, said an additional elderly engineering exec with connections to the nation. United States firm Foster Wheeler won the front-end engineering and also layout contract to create the refinery in June 2010, while an additional US business, Fluor, was selected as project management expert in December 2010. biocides oil and gas comprehended to be thinking about the EPC bargains include neighborhood firm Tefken, Spain's Tecnicas Reunidas and also Italian companies Snamprogetti as well as Saipem.Like it? Share it! More by this author |