Name of Client  : KIPIC - Kuwait Integrated Petro-chemical Industries Company

Estimated Budget : $3.33 billion

Facility Type : Liquefied Natural Gas (LNG)

Sector : Gas

Status  : Construction

Location : Al Zour

FEED : Wood Group

PMC : Wood Group

Main Contractor : Hyundai Engineering Company

KOGAS - Korea Gas Corporation

Hyundai Engineering & Construction

Background

KNPC plans the LNG regasification terminal which will have a capacity of 1,500 billion British thermal units a day (btu/d) and will include two berths for the simultaneous unloading of large LNG carriers. The terminal will also include four full containment LNG tanks, each with a working capacity of 225,500 cubic meters. It is due to be constructed on reclaimed land formed by hydraulic filling. The LNG terminal will also provide training for plant operators along with testing so they can receive provisional acceptance.

Project Status

October 2019: KIPIC has submerged the longest (500 meters) undersea pipeline for Al Zour LNG project.

Project Scope

The project scope includes:

• Four full containment LNG tanks, each with a working capacity of 225,500 square meters.

• A regasification plant with a capacity of 1,500 billion British thermal units a day.

• Additional utilities and infrastructure needed for the operation of the plant.

• Pipeline connections between the import terminal and the existing pipeline system.

• Metering system.

• Pig launcher/receiver.

• Natural gas send-out pipelines.

• Tie-in with Kuwait Oil Company gas network.

Project Finance

Kuwait National Petroleum Company (KNPC) is the client of the project. KNPC and the Petrochemicals Industries Company (PIC) have signed agreements to transfer contracts of the project to Kuwait Integrated Petrochemical Industries Company (KIPIC).

Project Schedules

Feasibility Study 4Q-2013

FEED 2Q-2014

EPC ITB 1Q-2016

Engineering & Procurement 1Q-2016

Construction 1Q-2017

Completed 3Q-2020