Page 15 - DMEA Week 11 2020

DMEA PETROCHEMICALS DMEA
Tecnimont bags $215mn urea plant deal in Turkey
TURKEY
The plant will produce 600,000 tpy of urea.
ITALY’S Maire Tecnimont has landed an engi- neering procurement and construction (EPC) contract worth €200mn ($215mn) for a new urea plant in Gemlik, 125 km south of Istanbul.
The contract was awarded by Gemlik Gubre Sanayii Anonim Sirketi, a division of Turkish industrial holding Yildrim Holding, Tecnimont said in a statement. Yildrim is one of the biggest players in the Turkish fertiliser market, with a current production of around 600,000 tonnes per year (tpy). It imports an additional 1mn tpy to meet the needs of its customers, but is looking to build up its own manufacturing capability to bring this number down.
The plant will be capable of producing around 600,000 tpy of granular urea and 183,000 tpy of urea ammonium nitrate solution. It will deploy technology developed by Stamicarbon, a subsid- iary of Tecnimont. The contract requires work to be completed within around three years.
“We are extremely proud of this new
achievement that confirms the group leadership in the fertiliser sector and allows us to expand our geographical footprint in a strategic market such as Turkey,” Tecnimont CEO Pierroberto Folgiero said.
“The signing of this agreement is the first step of a great cooperation. We entrust Tecnimont and believe that we will achieve great success together worldwide,” Gemlik Gubre Chairman Ali Riza Tildirim added.
The facility will be built at a site where ammonia and other fertilisers are already pro- duced, with direct access to a Mediterranean sea port.
In September last year, Tecnimont also won a preliminary EPC contract to build a 482,000 tpy urea plant in Egypt, near Suez. The order was made by privately owned Carbon Holdings, which is looking to develop the $10-11bn Tahrir Petrochemicals Complex (TPC) in the Suez spe- cial economic zone. ™
Aramco diverts fuel from domestic refineries
Saudi Aramco will continue winding down operations at its local refineries in April and May to free up oil supplies for export, a company official told Reuters on May 19.
The Saudi government announced on March 18 it had ordered Aramco to produce oil at a record rate of 12.3mn barrels per day over the coming months, after launching a supply war against its competitors earlier this month. Exports are expected to exceed 10mn bpd from May, it said.
Iranian refinery expansion
on hold because of
COVID-19
Iran has decided to halt work on the expansion of its Abadan oil refinery until mid-April as part of measures to contain the new coronavirus (COVID-19) outbreak, the
NEWS IN BRIEF
semi-official Mehr news agency said, citing Managing Director of National Iranian Oil Engineering and Construction Company (NIOEC) Saeed Sattari Naini.
Iran hired China’s Sinopec in 2017 to carry out the work over a period of four years.
NOC denounces illegal
fuel imports to eastern
region of Libya
In the last few days there has been an illegal shipment of aviation fuel into Libya. NOC has informed the UN, GNA and numerous other governments of these clear violations to UN resolutions and Libyan laws.
This shipment of fuel into Benghazi port is a breach of the UN arms embargo relating to Libya, a contravention of the internationally agreed exclusivity of NOC relating to fuel imports, an infraction of the vessel quarantine protocol, and contrary to international
law. The shipment came from the UAE to Benghazi on a ship called Gulf Petroleum 4
and has been in Benghazi port for a number of days.
In September 2019, the UAE signed an inter- national statement saying: “We fully support Libya’s National Oil Corporation (NOC) as the country’s sole independent, legitimate and non- partisan oil company. Now is the time to consol- idate national economic institutions rather than break them apart. For the sake of Libya’s political and economic stability, and the well-being of all its citizens, we exclusively support the NOC and its crucial role on behalf of all Libyans.”
The actions of the UAE appear to be in stark contradiction to its words.
NOC Chairman Mustafa Sanalla said: “Despite extreme hardships caused by illegal blockades on Libya’s oil facilities, NOC has been able to supply su cient fuel to all parts of Libya, including the Eastern regions to meet all civilian needs, including civil aviation. e only reason I can think of for additional fuel to be imported in this illegal and clandestine way is that it is intended for other purposes.”
Week 11 20•March•2020
w w w . N E W S B A S E . c o m
P15