Petrofac, in consortium with Linde AG of Germany and GS Engineering & Construction Corporation, Republic of Korea, have been engaged by KLPE, to provide services for the development of its Integrated Petrochemicals Complex and Infrastructure (IPCI) project, situated in the Tengiz and Karabatan regions of Kazakhstan.
The USD 77M first phase of the contract, in which Petrofac has a share of approximately USD 21M, involves engineering work on an Open Book Estimate (OBE). Petrofac will lead the consortium in the execution of the IPCI project and, subject to satisfactory conclusion of the OBE and successful contract conversion, the IPCI project will move into a second phase. This phase is valued in excess of USD 3.5B and is for the development of a polyethylene plant comprising two streams, each producing 400,000t per annum of product.
The eventual scope for the IPCI petrochemical project will include the engineering, procurement, construction and commissioning of a gas plant, ethane cracker, gas pipelines, polyethylene plants and associated utilities and offsites in the Tengiz and Karabatan areas.
