SRC – Basra Refinery Upgrade – Basra Province - Project Profile

SRC – Basra Refinery Upgrade – Basra Province - Project Profile

Synopsis

"SRC – Basra Refinery Upgrade – Basra Province - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

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Summary

South Refineries Company (SRC), a part of Iraq’s Ministry of Oil, is undertaking the Basra refinery upgrade project in Iraq.

The project involves the modernization and expansion of an existing refinery with the capacity of 210,000 barrels per day (BPD) of oil, 30,000BPD residual fluid catalytic cracker (RFCC), 20,000BPD petrol hydrogenation unit, and desulphurization units, including a visbreaker, a hydrotreater, and a hydrogen plant.

The project also includes the construction of storage tanks, pumping station and related infrastructure, the installation of safety systems and distillation units, and the laying of pipeline facilities.

On December 20, 2011, Shaw Group Inc. was appointed as study consultant for the project. The scopes include assessing the current condition of the refinery and estimate the engineering, equipment supply and construction services required to improve its operation.

On October 15, 2012, SRC received US$406 million of funds from Japan International Corporation Agency (JICA).

Maire Tecnimont has been appointed as project manager, Sowa consultants Inc as environmental impact assessment consultant, and Axens SA as process technology consultant for cracker technology.

In 2013, APS Engineering was appointed as front-end engineering and design (FEED) contractor.

On April 28, 2015, Technip SA and Unico International Corporation were appointed as project management consultancy (PMC) contractors for the project. The scope includes overseeing the engineering, procurement, construction, commissioning, start-up, and warranty management phases of the project.

Three companies have been prequalified for the EPC Contract namely, Chiyoda Corporation, JGC Corporation and Toyo Engineering Corporation. The main tenders are yet to be released/issued.

In November 2017, SRC is planning to sign a contract with Japan International Cooperation Agency (JICA) for the development.

In December 2017, the Japanese government has agreed to grant Iraq a loan of US$2,100 million for the development.

SRC is in an advanced stage of negotiations with JICA.Scope

The project involves the modernization and expansion of an existing refinery with the capacity of 210,000 BPD at Basra, in Southern Iraq.

The US$15,000 million project includes the following:

1. Construction of 30,000 BPD residual fluid catalytic cracker

2. Construction of 20,000 BPD petrol hydrogenation unit

3. Construction of desulphurization units

4. Construction of a visbreaker

5. Construction of a hydrotreater

6. Construction of a hydrogen plant

7. Construction of storage tanks

8. Construction of pumping station

9. Laying of pipelines

10. Installation of distillation units

11. Installation of safety systemsReasons To Buy

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