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Essar Projects, Saipem JV bags refinery project contract

Tuesday, 27 Oct 2015
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Essar Projects, in a joint venture with Italy's Saipem S.p.A, has won a $ 1.57 billion order from Kuwait National Petroleum Company (KNPC) for setting up Al-Zour Refinery Project, Package-4, in the State of Kuwait whih is expected to be completed by 2019.

The new refinery project will have a crude processing capacity of 615,000 barrels per day. KNPC has awarded four contracts for the refinery's construction, worth over $ 13.2 billion to successful international bidders.

Essar Projects has begun to mobilise resources for the project.

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