Tehran Refinery Units Contracted.An engineering, procurement, and construction (EPC (1) (Entertainment PC) See HTPC.(2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ) contract to have isomerisation and light naphtha naphtha (năp`thə, năf`–), term usually restricted to a class of colorless, volatile, flammable liquid hydrocarbon mixtures. treatment units built at the Tehran refinery was signed on Nov. 8 by the NIORDC NIORDC National Iranian Oil, Refinery and Distribution Company and Chegalesh Engineering Consulting, one of the local companies. The value of the contract is Rls.1,120 bn. Out of this figure, 65m will come in foreign exchange, while Rls.370 bn will be in the national currency, said NIORDC's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Nematzadeh said during the signing ceremony. The two units will increase the refinery's gasoline quality and the output capacity by 2m litres/day to 10m litres/day. Chegalesh will carry out the project in partnership with Petrolinvest of Bosnia and Radira Co. of Iran. Technip of France, which a 34% stake in Petrolinvest, will take part in the project as a sub-constractor. Axens of France has done the basic engineering for the project. Work on a new NGL NGL - A dialect of IGL. plant on Kharg Island was begun by a consortium of Iranian companies under an EPC contract worth 1.2 bn ($1.5 bn) signed last month. The plant is to produce 1.25m t/y of LPG, 5,000 b/d of condensate and over 250 MCF/day of dry gas. It will be fed with 700 MCF/day of natural gas from several offshore fields in the Kharg and Bahregan region, including the Soroush and Nowruz oilfields developed by Shell. |
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