CIP For Nghi Son Refinery Complex Project In Vietnam

As Vietnam is going through the quickest development phase ever, Nghi Son Refinery and Petrochemical Complex (herein after: NSRP Complex), owned by Nghi Son Refinery and Petrochemical Limited Liability Company (herein after: NSRP), is one of the on-top economic projects that contributes to the nation’s common wealth.

Grabbing the opportunities brought to Vietnam from the opening world, NSRP Project is a joint-venture project sponsored by 4 corporations: Vietnam Oil and Gas Group (PetroVietnam), Kuwait Petroleum International Ltd from Kuwait, Idemitsu Kosan Co., Ltd and Mitsui Chemical, Inc. from Japan. The Project, a mega refinery and petrochemical complex, is devoted to the energy security of Vietnam, particularly the security of petroleum products. This is strategically important for the Government of Vietnam to meet the growing domestic demand for refined and petrochemical products driven by rapid industrialization and modernization of the country.

NSRP Complex is located 260km away from Hanoi capital in Nghi Son Economic Zone, Tinh Gia District, Thanh Hoa Province, one of the biggest provinces in Vietnam. Estimated total investment cost of NSRP Project is approximately $9 billion, of which sponsor contribution is about $4 billion. The refinery has capacity to process 200,000 barrels of crude oil imported from Kuwait per day (equivalent to 10 million tons per year). Type of fuel that accounts for biggest portion of products is premium diesel (2,161 kt/year), following by regular diesel (1,441 kt/year), RON 92, RON 95 (1,1313 kt/year), LPG, jet fuel and numerous petrochemical products.

SK E&C is one of contractor, joining for execute Marine construction work for this Project.

KOVIS E&C awarded the Chemical Injection Packages for NGHI SON Refinery Complex Project.

Contractor is SK Engineering and Constructions.

Quantity: 8 packages and 16 packages.

Time for completing this project is 2 years (from 2014 to the end of the year 2015).