Nghi Son Refinery and Petrochemical (NSRP), a JV grouping Japan’s Idemitsu Kosan (operator, 35.1%), Kuwait Petroleum International (KPI 35.1%), state firm PetroVietnam (25.1%), and Japan’s Mitsui Chemicals (4.7%), has awarded Switzerland-based Foster Wheeler a project management and consultancy (PMC) contract for a new refinery in Vietnam. The plant will process 30.2°API Kuwait Export crude oil.
Foster Wheeler says it will “manage and administer… the engineering, procurement and construction contractor (EPC) consortium through to the completion of performance testing.” Foster Wheeler carried out front end engineering for the project under a contract awarded in July 2008. Total investment will be $9bn with commercial operations due to begin in 2017, Foster Wheeler says. The plant will have “facilities for full conversion, with an integrated aromatics complex and polypropylene production.” (CONTINUED - 247 WORDS)