Sepehr Energy Corp.
Sepehr energy corp. (SECo) was established in Tehran on 2010 with the registered capital of 9998 billion Rials. Senior directors and the main consultants of SECo are high ranked engineers who have been pioneers of petrochemical industries in Iran and former leaders of National Petrochemical Company and Petrochemical Industries Development and Management Company.
SECo is shareholder of 3 mega methanol projects which are including Sabalan, Dena and Siraf Energy. Although, SECo is owner of Lavan Chemical Co. (a Urea & Ammonia project), Sitco (an International trade company) and Sepehr Lavan Petrochemical Qotb (a logistics and non- industrial operation company).
SECo has focused on completion of its Methanol projects. It is important to be mentioned that Sabalan Methanol project with Chinese finance have achieved to about 81% progress and Dena Methanol Project without any finance have a cumulative progress of about 61% and Siraf Energy Methanol Project with finance of National Development Fund of Iran also experienced progress about 40%.
Sabalan will produce methanol in 2nd half of 2019 and Dena and Siraf Energy will be commissioned in 2020.
Some information about SECo methanol projects can be fined in coming tables
| Sabalan Project Information | ||
| Product | ۱,۶۵۰,۰۰۰ tons Methanol Per Year (Grade AA) | |
| Location | Assaluyeh Port | |
| Feed | Natural Gas | ۱۴۱۳ MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | ۵۲۱ MNm3/year (or 744 kton/year) (Damavand) | |
| Total required investment
(Capex + Non-Capex) |
۲۶۹ million € + ۷,۵۹۸ billion Rials | |
| Cumulative Progress
(End Of February 19th) |
۸۱.۰۵ % | |
| Financial Performance
(End Of February 19th) |
۲۱۹ million € + ۴,۰۹۲ billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering, Supply of Equipment & Material | PIDEC / ECEC | |
| Construction | Kayson – Qotb | |
| Financer | SINOSURE | |
| Finance Amount | ۲۵۱۸ million CNY | |
| IRR | ۳۴ % | |
| Dena Project Information | ||
| Product | ۱,۶۵۰,۰۰۰ tons Methanol Per Year (Grade AA) | |
| Location | Assaluyeh Port | |
|
Feed |
Natural Gas | ۱۴۱۳ MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | ۵۲۱ MNm3/year (or 744 kton/year)
(Damavand) |
|
| Total required investment
(Capex + Non-Capex) |
۲۸۶ million € + ۷,۴۵۲ billion Rials | |
| Cumulative Progress
(End Of February 19th) |
۶۱.۰۲ % | |
| Financial Performance
(End Of February 19th) |
۱۲۴ million € + ۲,۳۲۳ billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering, Supply of
Equipment & Material |
PIDEC | |
| Construction | Kayson – Zoha Sanat – Qotb | |
| IRR | ۲۸ % | |
| Siraf Project Information | ||
| Product | ۱,۶۵۰,۰۰۰ tons Methanol Per Year (Grade AA) | |
| Location | Siraf Port | |
| Feed | Sweet Gas | ۱۴۱۳ MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | ۵۲۱ MNm3/year (or 744 kton/year) (ASU) | |
| Total required investment
(Capex + Non-Capex) |
۴۶۶ million € + ۱۳,۹۵۷ billion Rials | |
| Cumulative Progress
)End Of February 19th( |
۳۹.۹۷ % | |
| Financial Performance
)End Of February 19th( |
۱۵۲ million € + ۳,۲۷۷ billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering & Procurement
Service |
Namvaran | |
| Construction | Pendar, Tiv, etc. | |
| Financer | National Development Fund of Iran | |
| Finance Amount | ۳۷۰.۷ million Euro | |
| IRR | ۲۴ % | |