By OGJ editors
HOUSTON, June 22 -- A consortium led by Chile's Empresa Nacional del Petroleo (Enap) agreed to finance, build, and operate a 20,000 b/d delayed coker at the 94,350 b/cd Aconcagua refinery at Concon, Chile (OGJ, Nov. 5, 2001, Newsletter).
The $430 million project will be financed by a $410 million, 15-year syndicated bank loan. Enap and its partners, Germany's Ferrostaal and Spanish firms Foster Wheeler Iberia and Técnicas Reunidas, will provide the remaining $20.4 million.
Construction will start this year. Operations are to begin in the first half of 2008.
Enap and its refining unit Enap Refínerias will have a combined 49% stake in the special-purpose company Energía Concón, and Ferrostaal, Foster Wheeler, and Técnicas will each hold 17%.
