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TAKREER awards major gasoline and aromatics project contracts to expand fuel production

posted on 29/12/2016: 1930 views


The Abu Dhabi Oil Refining Company (TAKREER), an ADNOC Group company, announced on Wednesday the awarding of two major contracts for its Gasoline and Aromatics Project (GAP), that will significantly increase its gasoline production capacity.

As part of ADNOC's growth strategy, TAKREER plans to expand production of gasoline to 9.4 mtpa, by 2022, to maintain Abu Dhabi's self-sufficiency, with the new gasoline and aromatics project adding 4.2 mtpa of gasoline supply and 1.6 mtpa of aromatics.

The Front End Engineering Design (FEED) contract has been awarded to AMEC International Limited, based in Reading, UK. In addition, TAKREER has awarded a contract for Process License Technologies to Axens, of France.

Abdulaziz Alhajri, ADNOC's Refining and Petrochemical Director, said: "Our goal is to unlock the full potential of our assets. The Gasoline and Aromatics Project will enable us to meet the needs of the evolving and expanding market for refined products, as well as add value to each barrel processed."

The FEED and Process License Technologies contracts follow the appointment of Jacobs Engineering, in June, to provide Project Management Consultancy (PMC) services for the FEED Phase.

The FEED contract, which is scheduled to be completed by January 2018, will be followed by the tendering and implementation of Engineering, Procurement and Construction (EPC) works, which will take four years to complete.

The contracts have been awarded to complete TAKREER's, integrated production complex, which will include Light and Heavy Naphtha Hydrotreaters units, Light Naphtha Isomerization units, two Heavy Naphtha Reformer units, an Aromatics Extraction Unit and Paraxylene and Benzene production units.

Under its five-year business plan, and growth strategy, ADNOC is focused on delivering a more valuable and profitable refining business, through strategic, commercially viable and targeted investments aimed at building on the company's legacy of success and ensuring its continued growth. – Emirates News Agency, WAM - http://www.wam.ae/en/news/economics/1395305229256.html

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