Foster Wheeler Ltd has announced that its Italian subsidiary Foster Wheeler Italiana SpA has been awarded a contract by KazMunaiGas Exploration and Production for a detailed feasibility study for a new petrochemical complex and related facilities to be built in several locations in Western Kazakhstan. The proposed facilities, for which the expected final total investment cost is in excess of USD 4 billion, will be built in two phases. Phase 1 will include a gas separation unit to be built near the town of Kulsary to treat dry gas from the Tenghiz field and separate ethane and propane, and a petrochemical complex to be built near the city of Atyrau to process the ethane and propane and produce polyethylene and polypropylene. Phase 2 will include an additional gas separation unit to be built in Karabatan to treat dry gas from the Kashagan field and expansion of the Atyrau petrochemical complex. The final capacity of the Atyrau complex will be up to 1,500,000 tons per year of polyethylene and up to 450,000 tons per year of polypropylene. The feasibility report is expected to be completed in the first quarter of 2006. The facilities are expected to be mechanically completed between 2009 and 2012, depending on the final selected configuration and execution scheme.
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