TurkmenGaz lets contract for petrochemical complex

April 20, 2015
State-owned TurkmenGaz, through a subcontractor, has let a contract to Metso Corp., Helsinki, to supply valve technology for a $3-billion petrochemical complex under construction in the Turkmenbashi district of Balkan province in western Turkmenistan.

State-owned TurkmenGaz, through a subcontractor, has let a contract to Metso Corp., Helsinki, to supply valve technology for a $3-billion petrochemical complex under construction in the Turkmenbashi district of Balkan province in western Turkmenistan.

Under the contract, Metso will deliver standard and severe-service globe and butterfly valves from the company’s Neles and Jamesbury product portfolios that range in size from ½ in. to 20 in., Metso said.

While Metso has booked the entire order value in its first-quarter 2015 orders received, a specific value of the contract will not be disclosed, the service provider said.

Metso will complete delivery of the valves in August, the company said.

This latest contract follows TurkmenGaz’s previous contract award to a consortium of Toyo Engineering Corp., Hyundai Engineering Co. Ltd., Hyundai Engineering & Construction Co. Ltd., and LG International Corp. for engineering, procurement, construction, and commissioning of the complex (OGJ Online, May 12, 2014).

The complex—which will use gas sourced from shelf of the Caspian Sea to produce 400,000 tonnes/year of ethylene, high-density polyethylene, and 80,000 tpy of polypropylene—is scheduled to be completed in 2018.