Air Products wins major contract from Saudi Aramco
Company to build the world's largest industrial gas complex in the Kingdom
Air Products said today it has been awarded a contract by Saudi Aramco under a joint venture (JV) of Air Products and ACWA Holding to build, own and operate an industrial gas complex in Saudi Arabia.
Once ready, the facility will be the world’s largest industrial gas complex and will supply 75,000 metric tons per day (20,000 oxygen and 55,000 nitrogen) to Saudi Aramco's 400,000 barrels per day (bpd) $7bn refinery being built in Jazan, Saudi Arabia.
The complex will be designed and built by Air Products using its proprietary technology, the company said. Once built, the facility will be owned by a JV of Air Products (25%) and Saudi Arabia’s ACWA Holding (75%).
Air Products will hold a conference call on Monday morning to discuss details about the Jazan project.
"We at Air Products are very excited about being awarded this very significant project. We consider it an honour and a privilege to use our proprietary technology to design and build the world's largest industrial gas complex for an outstanding client and the largest company in the world, Saudi Aramco.
“We are very pleased that Saudi Aramco trusts Air Products and our partner ACWA Holding to economically and reliably supply the critical gases needed for its refinery in Jazan," said Seifi Ghasemi, chairman, president and chief executive officer at Air Products.
"We are proud and thrilled to be selected as the partner of choice by Saudi Aramco to develop this world scale industrial gases project. This mammoth undertaking complements the portfolio of power, water, renewable energy, district cooling, integrated waste and resource recovery projects of ACWA Holding as the premier infrastructure developer in the region," said Mohamed Abunayan, chairman of ACWA Holding.