EPSCC Contract Chiyoda Awarded Laffan Refinery Phase 2 Project in Qatar
Chiyoda Corporation announced that it has been awarded an engineering, procurement, supply, construction and commissioning (EPSCC) contract for Laffan Refinery Phase 2 (LR2) Project in collaboration with CTCI Corporation.
Yokohama/Japan – Laffan Refinery Company Limited-2 plans to build the second condensate refinery (LR2) in Ras Laffan Industrial City, Qatar, to be operated in hot, arid and coastal climatic conditions. The first Laffan Refinery (LR1) completed in 2009, processes 146,000 barrels per stream day of the condensate coming from different layers of the North Gas Field and separated by the facilites of Qatargas and Ras Gas.
LR2 is an expansion phase which will process an additional 146,000 barrels per stream day of condensate. The products from the refineries such as Naphtha, Kerojet (A-1), Gasoil Propane and Butane will be distributed domestically and meet international customer demands for cleaner fuel products.
Chiyoda will execute the LR2 project by forming a joint venture with CTCI, headquartered in Taipei, Taiwan. CTCI is the largest engineering, procurement and construction firm in Taiwan and provides services on a global basis. Chiyoda and CTCI share a long history of collaboration all over the world. Chiyoda holds approximately 10 % of the total issued shares of CTCI since Augst 2011.
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