SOCAR Awards TR a New Project at the Heydar Aliyev Oil Refinery in BakuSource: www.gulfoilandgas.com 12/20/2017, Location: Asia
Técnicas Reunidas, TR, has been selected by STATE OIL COMPANY OF AZERBAIJAN REPUBLIC (SOCAR) for the execution of the Modernisation and Reconstruction of Heydar Aliyev Refinery in Baku, Azerbaijan.
This Project is part of the development plan that SOCAR is currently undergoing in the Heydar Aliyev Oil Refinery with the final aim to upgrade the refinery facilities to be capable of processing 7.5 Mtpa of crude oil, whilst meeting quantity and quality requirements of products to feed Azerikimya revamped petrochemical plant and producing Euro V quality automotive transportation fuels.
The contract awarded to TR involves the revamping of major process units within the Diesel Block (Crude and Vacuum, FCC, Kero Treatment and Amines) and Gasoline Block (CCR, Naphtha Hydrotreater, and VGO Hydrotreater), the modifications and expansion to the associated Utilities and Offsites, and the coordination of the execution activities with the existing Refinery and Contractors for other Packages of the overall Project.
The contract has been awarded under reimbursable basis and will be converted into a Lump Sum Turn Key Contract following an Open Book Estimate. The estimated value of the Project is around 800 million USD and will be completed in 38 months. This is the second large SOCAR Project awarded to TR following the SOCAR Turkey Aegean Refinery (STAR) in Aliaga, Turkey.
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