Article: THAILAND: Joint venture construction contract award for planned $1,500,000,000 oil refinery, SNC LAVALIN [Canada], TOYO ENGINEERING CO. (TEC) [Japan] & CTCI CORP. [Taiwan] - Order #: 0107401.

PROJECT OVERVIEW:

A Thai/Saudi joint venture consisting of the local SUKHOTHAI PETROLEUM and an undisclosed partner recently revived their long-stalled plans, since 1997, to build Thailand's third oil refinery. The new complex to be sited in Songkhla province is expected to require an investment of $1,500,000,000 to complete.

Construction plans call for building a refinery with an installed production capacity of 125,000 barrels per day. In so doing, the joint venture recently awarded a construction contract to an international consortium. The companies involved in the undertaking include Canada-based SNC-LAVALING, TOYO ENGINEERING CO. (TEC) of Japan ...

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