On February 1, 2018, SOCAR (State Oil Company of Azerbaijan Republic) awarded Tecnimont SpA and KT-Kinetics Technology SpA an EPC (Engineering, Procurement, Construction) Lump Sum Turn Key Contract, on an important part of the completion of the modernization and reconstruction works of the Heydar Aliyev refinery in Baku, Azerbaijan.
The aim of the project includes the installation of new process units, as well as related auxiliary and storage facilities, aiming to increase the production capacity of the refinery to 7.5 million tons per year (MMTPA), in addition to guaranteeing the quantitative and qualitative requirements of the products that will be used partly in the Azerikimya petrochemical plant, and to produce Euro 5 fuels.
The necessary process technologies will be provided by the most important refining licensing companies, including KT-Kinetics Technology.
The Client, SOCAR, is the state-owned national oil and gas company based in Baku; engaged in upstream, midstream and downstream activities, as well as in the supply of natural gas and the sale of petrochemical products in national and international markets. As part of the initiatives aimed at enhancing local content, in June 2018, Maire Tecnimont organized a workshop in Baku for local businesses called upon to collaborate in the project, in order to stimulate the local economy and the qualification of Azerbaijani suppliers at international level.