Kuwait Finance House to launch petrochemical project in Bahrain

Oct. 5, 2004
Kuwait Finance House Bahrain announced the launch of a $1.3 billion petrochemical, water, and power generation complex to be built in Bahrain, reported OPEC News Agency. Successful feasibility studies on the project were carried out by a world-class consortium.

By OGJ editors

HOUSTON, Sept. 21 -- Kuwait Finance House Bahrain announced the launch of a $1.3 billion petrochemical, water, and power generation complex to be built in Bahrain, reported OPEC News Agency.

Successful feasibility studies on the project were carried out by a world-class consortium consisting of partners General Electric (GE) Energy, Weir International, and Shaw Group subsidiary Stone & Webster and in cooperation with ThyssenKrupp Group's Germany-based engineering firm Uhde GmbH and Chicago Bridge & Iron Co.

The facilities would produce ethylene dichloride, caustic soda, liquefied petroleum gas, and gasoline, along with some hydrogen and sulfur and would provide electric power generation and water.

At full capacity, the complex would require about 255 MMscfd of fuel gas.

Pending receipt of a Ministry of Industry license, construction could begin in June 2005, and start up by first quarter 2008, OPECNA reported.