IRAN - NPC Is Finalising Phase 3 Petrochemical Projects Worth $15 Billion.The National Petrochemical Co. (NPC 1. (complexity) NPC - NP-complete. 2. (architecture) NPC - Next Program Counter. ), a unit of state-owned National Iranian Oil Co. (NIOC NIOC National Iranian Oil Company NIOC Navy Information Operations Command (US Navy) NIOC Naval Information Operations Command (US Navy) NIOC Northern Illinois Orienteering Club ), is speeding up work on the third phase of a 15-year Strategic Programme with its petrochemicals projects worth $15 billion. Of the investment outlay, some $4.2 bn will be in hard currency and will mostly involve joint ventures (JVs) with foreign companies including Shell and BP. The five-phase Strategic Programme, launched in 1998, is aimed at raising the country's petrochemicals production capacity to about 30 million tons/year by 2013. This compares with about 11.2 million t/y in 1997. NPC has already awarded projects of the programme's first two phases, which should be completed by 2002. The Phase 3 projects, to be built at the Bandar Assaluyeh Special Economic/Energy Zone where a big gas processing centre will supply them with low-cost feedstocks, must be on stream by 2005. The projects consist of four olefins complexes (Nos. 7, 8, 9 & 10), aromatics complex No. 4, methanol methanol, methyl alcohol, or wood alcohol, CH3OH, a colorless, flammable liquid that is miscible with water in all proportions. Methanol is a monohydric alcohol. It melts at −97. complex No. 4 and a centralised Adj. 1. centralised - drawn toward a center or brought under the control of a central authority; "centralized control of emergency relief efforts"; "centralized government" centralized utility (see NPC-sourced tables on the following pages). A highly-placed source at NPC tells APS that tenders for the remaining Phase 3 projects have been prepared and the contracts should be awarded within the next two to four months. The initial awards would be expected before end-2000. The main projects to be awarded are: Olefins 8, with a 1.25m t/y capacity, which will be a JV between NPC and Shell; Olefins 9, with a capacity of 1.43m t/y, which will be a JV between NPC and BP; and Olefins 10, with a capacity of 1.53m b/d. Shell and BP are yet to complete feasibility studies The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. for their projects. But NPC is in a hurry, the source adds, and is "confident" that the projects are "very feasible". The $170m contract for Olefin olefin (ō`ləfĭn) or olefin series: see alkene. olefin or alkene Any unsaturated hydrocarbon containing one or more pairs of carbon atoms linked by a double bond (see 9's ethane ethane (ĕth`ān), CH3CH3, gaseous hydrocarbon. It is a continuous-chain alkane. As a constituent of natural gas, it is used for fuel. It can be prepared by cracking and fractional distillation of petroleum. cracker (1) A person who breaks into a computer system without authorization, whose purpose is to do damage (destroy files, steal credit card numbers, plant viruses, etc.). Because a cracker uses low-level hacker skills to do cracking, the terms "cracker" and "hacker" have become was awarded in September 2000 to Technip of France, which in October also won the $85m contract for a polyethylene plant at Bandar Imam Bandar Imam Khomeini (Persian بندرامام خمینی) is a port city on the Persian Gulf in Khuzestan province, Iran. Before the 1979 Iranian Revolution, it was known as Bandar Shahpur. Khomeini. Aromatics 4 was awarded in Sept. to a consortium led by Toyo Engineering Corp. of Japan. At Bandar Assaluyeh, the processing plants will be receiving natural gas from the offshore super-giant South Pars field. The field is to be developed in 25 phases. Each phase will be producing 26 MCM/day (1 BCF/day) of gas which will also yield 40,000 b/d of condensates. Eight of the South Pars phases will be producing 4.284m t/y of ethane, 2.504m t/y of propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. , 1.379m t/y of butane butane (by  `tān), C4H10, gaseous alkane, a hydrocarbon that is obtained from natural gas or by refining petroleum. and 13.32m t/y of condensates.
NPC'S STRATEGIC DEVELOPMENT PROGRAMME
Phases 1-5 (1997-2013)
Approved Projects 1000 T/Y Investment Total Sales Target Year
(Final MM$ MM$/Y
Products)*
Phases 1& 2 4940 3770 2740 2001-2
Phase 3 8480 7450 4200 2005
Phase 4 2770 4400 2430 2009
Phase 5 2610 5300 2430 2013
Total 18800 20920 11800 2013
* Excluding intermediate and by-products
NPC'S PHASES 1& 2
(1997-2002)
Projects Final Products Partners
1000 T/Y
2nd Methanol (Kharg) 660
Paraxylene 180
1st MTBE 500
6th Olefins 1090 Shell/BASF
1st PET/PTA 410
3rd Aromatics 610
Engineering Polymers 35
3rd Methanol 1000
1st LAB 50
2nd PET/PTA 400 Total Capital Hard Currency
Investment Investment
Centralised Utility -
Total 4935 $3.8 bn $2.2 bn
NPC'S PROJECTS UNDER IMPLEMENTATION
IN PETROCHEMICAL SPECIAL ECONOMIC ZONE
Projects Final Product Physical
('000' T/Y) Progress
Paraxylene 180 100%
MTBE 500 82%
6th Olefins 1090 40%
1st PTA/PET 410 40%
3rd Aromatics 1730 13%
Engineering Polymers 35 10%
3rd Methanol 1000 9%
2nd PTA/PET 400 -
Centralised Utility - 21%
7th Olefins 1500 -
NPC'S PHASE 3
(2000-2005)
Projects Final Products Partners
1000 T/Y
7th Olefins 1500 Shell/BASF
4th Aromatics 1280
8th Olefins 1250 Shell
4th Methanol 1500
9th Olefins 1430 BP
10th Olefins 1530 Total Capital Hard Currency
Investment Investment
Centralised Utility -
Total 8480 $7.5 bn $4.2 bn
SOUTH PARS GAS & CONDENSATE PRODUCTION POTENTIALS
Production Natural Potential Downstream Production
Phases Gas 1000 T/Y
Ethane Propane Butane Condensate
1, 2 & 3 2767 1600 935 515 4980
4 & 5 1755 1014 593 326 3150
6, 7 & 8 2890 1670 976 538 5190
Total 7412 4284 2504 1379 13320
PARS SPECIAL ECONOMIC/ENERGY ZONE
25 Phases Of Development
Each Phase:
26 MMCM/D Gas
40,000 B/D Condensates
With Over 8.5% Ethane And Heavier
JOINT VENTURES
(Under Consideration & Negotiation)
Project Country Investment Capacity
($m) (1000 T/Y)
LDPE Germany, Netherlands 120-1120 300+300
LLDPE England 120 300
Ethylene Glycol Netherlands 800 1250
Styrene & MEG LLDPE England 1200 1550
Isocyanates Sweden 280 160
Utility Belgium 200 -
GTL England 1500 600 MCF/D
Aromatics K. S. Arabia 550 1160
LAB Qatar 134 100
Shell and BP, together with TotalFinaElf which was the first Western major to invest in the South Pars development (Phases 1&2) after having moved into the offshore Sirri oilfields, are leading the way for the return of the petroleum majors to Iran. US oil majors are pursuing upstream and downstream JVs in Iran. Shell has several projects in Iran, which will make it the biggest foreign investor in this country. It holds 25% in Pars Oil Co., which has a refinery at Karaj making Shell-branded products including lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. . Apart from its involvement in Olefins 8, Shell is a partner of NPC and BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida in Olefins 6 and 7 at Bandar Imam Khomeini, with a combined capacity of 820,000 t/y of ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. and polyethylene. Under a buyback contract signed in late 1999, Shell is developing the offshore Soroosh and Nowrooz oilfields west of Kharg island Kharg Island (Persian: جزیره خارک) is a continental island in the Persian Gulf belonging to Iran. . It has submitted proposals to NIOC for the integrated development of three Bangestan oil reservoirs An oil reservoir, petroleum system or petroleum reservoir is often thought of as being an underground "lake" of oil, but it is actually composed of hydrocarbons contained in porous rock formations. in the Ahwaz area. It is a partner of Lasmo, Veba and Khaza E&P Co. (KEPCO KEPCO Korea Electric Power Corporation KEPCO Kansai Electric Power Company, Inc. (Japan) KEPCO Kyushu Electric Power Company, Inc. (Japan) ) in the South Caspian Sea Caspian Sea (kăs`pēən), Lat. Mare Caspium or Mare Hyrcanium, salt lake, c.144,000 sq mi (373,000 sq km), between Europe and Asia; the largest lake in the world. venture, where they are completing an exploration study. In Sept Shell and NPC signed an MoU to study a 70,000 b/d gas-to-liquids (GTL GTL - Gunning Transceiver Logic ) plant at Bandar Assaluyeh, which would be fed by gas from South Pars, and it is bidding for two phases of the South Pars development. Shell Global Solutions, under an agreement with NIOC, is pursuing several initiatives for the upgrading of refineries and other facilities. |
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