Japan and Taiwan JV wins Qatar refinery contract

Will build second condensate refinery at Qatar’s Ras Laffan Industrial City.

A joint venture between Japan’s Chiyoda Corporation and Taiwan’s CTCI Corporation has been awarded the contract for the Engineering, Procurement, Supply, Construction and Commissioning of the US$1.5 billion Laffan Refinery 2 Project.

The EPSCC contract for the second condensate refinery was formally signed by Minister of Energy and Industry Mohamed bin Saleh al Sada, Chiyoda Corporation chairman Takashi Kubota and CTCI chairman and CEO John Yu.

LR2 will have a processing capacity of 146,000 barrels per stream a day and will be operated by Qatargas. To be constructed adjacent to the existing refinery, LR2 will have a daily production capacity of 60,000 barrels of naphtha, 53,000 barrels of jet fuel, 24,000 barrels of gasoil and 9,000 barrels of liquefied petroleum gas.

Laffan Refinery 2 is expected to be fully operational by early 2016. This facility will be able to process an additional 146,000 barrels per stream day.