Up to six international companies have applied for prequalification for the post of project management consultant (PMC) on the proposed Shuaiba aromatics project. The interested firms are understood to include Parsons Engineering Corporation, Fluor Daniel, Foster Wheeler Corporation, and Shaw Groupsubsidiary Stone & Webster, all US-based, and the Houston office of the UK/Norwegian Kvaerner E&C. The PMC tender is expected to be issued for bid in early January (MEED 9:11:01; 31:8:01).
The estimated $1,400 million project will have a nameplate capacity of 650,000 tonnes a year (t/y) of benzene and paraxylene and 500,000 t/y of monomers.
The project will use about 1.9 million t/y of naphtha as feedstock. The naphtha will be supplied from the three Kuwait National Petroleum Company oil refineries at Mina Abdullah, Mina al-Ahmadi and Shuaiba.
The local Petrochemical Industries Company (PIC)will be the sole owner of the plant, which is scheduled to be commissioned by 2005.
Shuaiba is one of two greenfield projects proposed by PIC that gained approval from Kuwait Petroleum Corporationin late July.
The other scheme, dubbed Equate II, is to have a nameplate capacity of 850,000 t/y of ethylene, 450,000 t/y of polyethylene and 430,000 t/y of ethylene glycol. The estimated $2,000 million project will be set up as a joint venture between PIC and a foreign company (MEED 3:8:01).
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