Iran News ...


12/26/04

Three foreign consortia bid for Iran's $1.5bn gas refinery

Tehran, Dec 25, IRNA -- Three consortia, including British, South Korean, Canadian and Spanish firms, have bid for the construction of Iran's Bidboland gas refinery, worth 1.5 billion dollars, a press report said Saturday.

According to the daily Iran, Britain's Foster Wheeler, South Korean Hyundai, Canadian SNS Lavalin, British Costian and Spanish Dragadous Group have formed partnerships with Iranian entities to carry out the project.

Once operational, Bidboland II refinery is projected to process 830,000 tons of gas liquids as well as 1.48 million tons of methane and 1.52 million tons of liquefied gas per year, the daily said.

The project is expected to be submitted in the first quarter of the new Iranian year starting on March 20, 2005 by Iranian Petropars and carried out in 43 months, it added.

... Payvand News - 12/26/04 ... --



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