Name of client : Enoc – Emirates National Oil Com pany Limited, Horizon Terminals
Budget : $850 million
Facility type : Refinery
Sector : Refining
Status : EPC ITB
Location : Jebel Ali
Feed : KBR (Kellogg Brown & Root)
Background
Emirates National Oil Company (Enoc) plans to increase capacity at its Jebel Ali refinery by 20,000 bpd to 140,000 bpd. The project will undertake a debottlenecking process to improve the flow of oil.
Project status
January 2016: Technical bids have been submitted for the EPC contract.
Project scope
Scope of work includes adding two new processing units which include:
• Jet and diesel hydrotreaters
• Isomerisation unit that will lead to the production of Euro V grade products which include high-octane gasoline, low-sulphur jet fuel and ultra-low sulphur diesel
Project finance
Dubai’s Emirates National Oil Company (Enoc) is seeking to arrange a $1.5 billion long-term loan, to arrange long-term funding facility for general corporate purposes. The project owner is Horizon Terminals Limited (HTL), the wholly-owned subsidiary of Emirates National Oil Company (Enoc).
Project schedule
Completion Q1-2017