New Project For A Gas Treatment Plant In Iran

abarrelfullabarrelfull wrote on 13 Dec 2012 11:46

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9 June 2009 – Maire Tecnimont S.p.A. has received a Letter of Intent from Petropars Ltd. (“PPL”), a company owned by Naftiran Intertrade Company (“NICO”) which is a subsidiary of National Iranian Oil Company (“NIOC”), for the realization of Onshore EPC Package No.3 (“EPC3”), part of an integrated Gas Treatment Plant in Tombak (Iran).

The project “South Pars Gas Field Development Phase 12” of the South Pars Gas Field, which is on the border with Qatar and considered the largest gas deposit in the world, foresees the realization of a Gas Treatment Plant of 3 billion standard cubic feet per day (SCFD) capacity and includes Liquid Processing (EPC2), Gas Processing (EPC3) and Off-Site Facilities.

The Onshore EPC3 package will be executed by a Consortium formed by Tecnimont S.p.A. and the Iranian companies Nargan, Dorriz and Gamma. The EPC3 cost is estimated to be approximately €1.3 billion, while Tecnimont’s scope of work will include overall project management, engineering, procurement services and construction assistance for a total amount exceeding €200 million.

The Contract is expected to be signed in July 2009 and its completion is expected end of 2012.

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