BAKU, Azerbaijan, Feb. 11
BY Nargiz Sadikhova - Trend:
JGC Holdings Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, was awarded the Front End Engineering and Design (FEED) contract for a gas separation plant construction project in Kazakhstan, Trend reports citing the company.
The project is planned by KazMunayGas, Kazakhstan's state-owned oil company, and its subsidiary, KLPE.
This project calls for KLPE to construct a gas separation plant with a capacity of 957 MMSCF per day adjacent to a plant that is run by Tengiz Oilfield development company Tengizchevroil (a joint venture of ExxonMobil, Chevron, KazMunayGas and others). The separated ethane is to be supplied as the raw material for a further planned plant for manufacturing polyethylene.
The selection of JGC as contractor for this project is believed to reflect the clients' strong positive evaluation of JGC Corporation's track record of involvement in gas processing plants worldwide, as well as its successful delivery of a project to modernize the Atyrau oil refinery for KazMunayGas completed in 2006.
The project’s prior investor – Borealis - decided to suspend the development of a polyethylene project in Kazakhstan in May 2020.
A world-scale polyethylene project oversees the development of polyethylene manufacturing integrated with an ethane cracker, in Kazakhstan.
A polyethylene plant of this scale is to be a significant step forward in creating long term, sustainable value for Kazakhstan from its petrochemical industry.
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