Hyundai to build gas plant in Iran

Hyundai to build gas plant in Iran
Hyundai Engineering & Construction Co. has won a USD 1.2 billion order to build a gas plant in Iran. Hyundai won the order from Agip Iran BV, which is owned by Italy’s Eni SpA and from state-run Iranian oil firm Petropars. The gas-processing plant, located at Assaluyeh, will be similar to a USD 1 billion project Hyundai Engineering won three years ago in the same area. The plant will have a capacity to extract, treat and store 13.5 million metric tons of natural gas annually. Iranian builders will also participate in construction of the plant, which is expected to last three years, Kim said.




For more projects, subscribe to our Project Preview Newsletter

Previous articleCompact cylinders from Norgren
Next articleSandvik wins orthopaedic contract
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.