Project Profile
Value: US$12 billion
Location: Gwadar, Pakistan
Capacity: 250,000 to 300,000 bopd
Contract Type: FEED (Front End Engineering Design)
Construction startup Year: 2017
Gwadar Refinery and Petrochemical Complex is located at Gwadar in Pakistan. The project envisages a proposed refinery and petrochemical complex, which would have a capacity of 200,000-300,000 b/d. Under a memorandum of understanding signed between Pakistan and the China, the Great United Petroleum Holding Co (GUPC) began carrying out a feasibility study and preparation work for the petrochemical city project. The petrochemical city, a two-phase project, is part of the proposed oil mega-city in Gwadar.
The products from the refinery would be expected to include at least 60% middle distillates - kerosene and diesel. The facility will process crude oil from Abu Dhabi and other sources and will mainly supply the local market.
Operators:
International Petroleum Investment Company (IPIC) , which is a joint venture of:
Abu Dhabi Petroleum Investment
Pak Arab Refinery Co Ltd (PARCO)
Government of Pakistan
Contractor:
WorleyParsons: PMC