Middle East Economic Survey

VOL. XLVIII

No 14

4-April-2005

KUWAIT

Hyundai Wins Ahmadi Ethane Recovery EPC Contract

South Koreas Hyundai Engineering & Construction Company announced on 24 March that it had been awarded a $397mn contract to carry out engineering, procurement and construction (EPC) by Kuwait National Petroleum Company (KNPC) for a planned ethane recovery unit at Mina al-Ahmadi refinery. The 1.140mn cfd unit is scheduled for completion in September 2007. It will supply feedstock to...