Six groups pre-qualified for Kuwait’s mega refining deal.

Kuwait has agreed to pre-qualify six international consortium to bid for one of the world’s largest refining projects with a capacity of more than 600,000 barrels per day, a newspaper in oil-rich Gulf emirate reported on Tuesday.

The six include JGC Corp of Japan, Fluor Corp and KPR of the US, the UK’s Petrofac, Italy’s Saipem, and TR Group of Spain, the Arabic language daily Al Rai said.

[tbpspa]

The paper, quoting oil sources, said Japan’s Chiyoda Corp quit the race just before the six were pre-qualified, adding that it was the second time the Japanese firm pulls out from a Kuwait oil deal following its recent decision to quit bidding for the multi-billion dollar clean fuel project (CFP).

It said the higher tendering committee in the state-owned Kuwait National Petroleum Company (KNPC) has just approved a recommendation by the Kuwait Oil Company to pre-qualify those six consortiums to bid for Al Zour project in south Kuwait.

“The six consortiums will bid for three major packages in Al Zour contract…these packages will be tendered after the list is approved by the central tenders committee,” the report said without mentioning reasons for Chiyoda’s pullout.

It said the list would be presented to the central tenders committee within a week, adding each consortium can bid for the three packages together.

The report said the three packages have a value of KD 2.5 billion ($9bn) and the first one involves refining operation units. The second covers support units and the third is for the construction of water, steam, power and connection units.

[tbpspa]

KNPC has already pre-qualified five consortiums to bid for the first two stages of Al Zour at a cost of $2bn, involving dredging and construction of storage tanks.

The 615,000-bpd Al Zour refinery is part of the CFP launched by Opec-member Kuwait to double its refining output capacity to nearly 1.4 million bpd. The project also involves the development of Mina Abdullah and Mina Al Ahmadi refineries.

 

Via : Alrai news media

 

 

 

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