Socar to finalise carbamide plant.
The construction of infrastructure for the plant will be completed in June or July this year
Azerbaijan state oil company Socar is sure to finalise the construction of carbamide plant in accordance with schedule and launch production no later than early 2018.
The construction of a carbamide plant is complete by 94.8 per cent, the plant`s director Khayal Jafarov said at the second Socar International Caspian and Central Asia Downstream Forum Trading, Logistics, Refining, Petrochemicals.
He said that engineering work and procurement of equipment have been done by 100 per cent, construction work by 82 per cent, civil engineering work by 93 per cent, and installation of equipment by 70 per cent.
Jafarov adds that it is planned to complete all work and start adjustment and commissioning of the plant by the end of 2017.
He noted that the plant will produce 650,000-660,000 tonnes of carbamide per year. It is planned to supply a quarter of production, that is, 150,000-200,000 tonnes of carbamide, to the Azerbaijani domestic market, he says, adding that the remaining part will be exported to Turkey, Georgia and the markets of the Black Sea and the Mediterranean Sea countries.
Jafarov recalled that Samsung Engineering won the tender for the construction of a carbamide plant. The net cost of the project for the construction of production capacity units amounts to about $512 million.
"Samsung acts as a general contractor, but has no license to produce ammonia, which will be an intermediate product in the process of production, and carbamide. Therefore, the relevant licensing agreements have been signed with Danish Haldor Topsoe for ammonia and Stamicarbon for carbamide in Netherlands," the director of the plant clarified.
Production at the plant will be environment-friendly, that is, no emissions into the atmosphere are expected. The plant will be completely autonomous and produce electricity independently. It will consume electricity in the amount of 25-26 megawatt per hour.
"The construction of infrastructure to provide the plant with gas, industrial water and connection to electricity networks, as well as electricity in emergency situations, will be completed in June or July this year," Jafarov says.
As many as 3,000 jobs were created at the peak of the plants construction. Once the plant is commissioned the number of jobs will decrease to 300-350.
At first, construction work was financed out of the state budget and about 205 million manat has been allocated by 2015. But later it was decided to switch to project financing.
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