Sonatrach to use Honeywell technologies to produce cleaner-burning high-octane fuels
Sonatrach’s Algerian facility will produce 200 000 tpy of methyl tert-butyl ether.
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TechnipFMC will undertake EPC work at MIDOR’s existing Egypt refinery.
Project would create first onshore location in the US Gulf capable of servicing fully laden very large crude carriers.
Inter Pipeline subsidiary will acquire a total of 9.1 million bbls storage.
The companies will explore a broad range of potential business opportunities.
Fluor will undertake EPC work at Valero’s Pembroke Refinery.
CIBC will assist with the full project financing for Meridian’s Davis Refinery project.
The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.
The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC Company, Limited.
The companies will make a joint bid for EPC contracts on NextDecade’s Rio Grande LNG project.
