August 22, 2014     Japanese 
  JCN 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
 
Share:
Japanese-led JV Wins Contract for Refinery and Petrochemical Complex in Vietnam
 

Tokyo, Jan 17, 2013 (JCN) - A joint venture of JGC Corporation (JGC), Chiyoda Corporation, Technip, and South Korean contractors GS Engineering & Construction and SK Engineering & Construction has been awarded a contract for the Nghi Son refinery and petrochemicals complex in the Nghi Son economic zone in northern Vietnam.

The contract was awarded by the Nghi Son Refinery Petrochemical Limited Liability Company, a joint venture between Idemitsu Kosan Co., Ltd (35.1%), Kuwait Petroleum International (35.1%), Vietnam Oil and Gas Corporation (25.0%), and Mitsui Chemicals, Inc. (4.8%).

The lump-sum turnkey contract calls for the engineering, procurement, construction (EPC) and commissioning work for an oil refinery with a production capacity of 200,000 barrels per day.

The complex, scheduled for completion in late 2016, will be located in the Thanh Hoa Province in Vietnam, 200 km south of the capital city of Hanoi. The value of the contract was not disclosed.

This project, which is being promoted by Idemitsu Kosan Co., Ltd., Kuwait Petroleum International, Vietnam Oil and Gas Corporation, and Mitsui Chemicals, Inc. is a grassroots oil refinery and petrochemical complex project in Vietnam.

This project will be the second constructed in Vietnam, and is aimed at satisfying increasing demands for petroleum products to support the progress of Vietnam's motorization, as well as produce petrochemicals for export.

Together with Vietnam's first refinery, the Dung Quat refinery (constructed by a consortium of JGC, Technip and others, and completed in 2009), the Nghi Son refinery and petrochemical complex will be a major pillar supporting the country's economic development.

By Saroj Shrestha Staff Writer

Copyright © 2014 JCN. All rights reserved. A division of Japan Corporate News Network KK.


 Company Profile |   Print  |   Alerts
ACN Newswire

 Recent  Chiyoda Corporation News  
  JAPAN-GTL Consortium Awarded 2014 ENAA Engineering Commendation Award by Engineering Advancement Association of Japan  (July 23, 2014)
  Chiyoda and Archimedes Solar Open MSPT-CSP Demonstration Plant in Italy  (July 5, 2013)
  Chiyoda Verifies its 'Large-Scale Hydrogen Storage and Transportation System'  (June 3, 2013)
  Mitsubishi Corporation and Chiyoda Reach Agreement for Construction of New Ulaanbaatar International Airport in Mongolia  (May 14, 2013)
  Japanese-led JV Wins Contract for Refinery and Petrochemical Complex in Vietnam  (Jan 17, 2013)
  Chiyoda Awarded EPC Contract for Large-Scale Photovoltaic Generation System by Aikawa  (Dec 18, 2012)
  Sanko Real Estate, Chiyoda and Solar Frontier Collaborate on Large-Scale Photovoltaic Generation System  (Dec 8, 2012)
  Chiyoda Licenses Acetica Process to Foster Wheeler  (Oct 26, 2012)
  NYK Receives Ocean Carriage for Module Contract for Ichthys LNG Facilities  (Mar 26, 2012)
  Ichthys LNG Project Approves JGC/KBR/Chiyoda JV  (Jan 13, 2012)



 Recent  Energy General News   
Sumitomo Awarded Contract by Pertamina Geothermal Energy for Construction of Units at Geothermal Power Station in Indonesia (Aug 15, 2014)
NTN Develops "WIND LAB.", World's Largest Testing Machine for Extra-large Bearings (July 30, 2014)
JAPAN-GTL Consortium Awarded 2014 ENAA Engineering Commendation Award by Engineering Advancement Association of Japan (July 23, 2014)
Marubeni, Mitsui Miike to Build Coal Handling Facility with Russia's JSC Vostochny Port (July 18, 2014)
Marubeni to Create Minera Centinela, New Mining Company in Chile (July 5, 2014)
GS Yuasa to Install Mega Solar System 1 MW-output System at Gunma Plant (June 27, 2014)
TOYO Awarded Large-scale Photovoltaic Power Plant Project in Japan (June 9, 2014)
Marubeni Starts Commercial Operation Mega-Solar Power Plant in Oita City (Apr 23, 2014)
World's Largest Semi-submersible Platform Takes Steps Towards Completion (Apr 4, 2014)
Yokogawa Wins Orders for Chinese Coal/Oil Co-processing Pilot Plant and Coal Tar Hydrogenation Plant Projects (Mar 26, 2014)

More Energy General news...
 
CSR Report Download
Annual Reports

  More >>    
Most Popular


About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)