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 | 1,650,000 tons Methanol Per Year (Grade AA) | |
| Location | Assaluyeh Port | |
| Feed | Natural Gas | 1413 MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | 521 MNm3/year (or 744 kton/year) (Damavand) | |
| Total required investment
(Capex + Non-Capex) |
269 million € + 7,598 billion Rials | |
| Cumulative Progress
(End Of February 19th) |
81.05 % | |
| Financial Performance
(End Of February 19th) |
219 million € + 4,092 billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering, Supply of Equipment & Material | PIDEC / ECEC | |
| Construction | Kayson – Qotb | |
| Financer | SINOSURE | |
| Finance Amount | 2518 million CNY | |
| IRR | 34 % | |
| Dena Project Information | ||
| Product | 1,650,000 tons Methanol Per Year (Grade AA) | |
| Location | Assaluyeh Port | |
|
Feed |
Natural Gas | 1413 MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | 521 MNm3/year (or 744 kton/year)
(Damavand) |
|
| Total required investment
(Capex + Non-Capex) |
286 million € + 7,452 billion Rials | |
| Cumulative Progress
(End Of February 19th) |
61.02 % | |
| Financial Performance
(End Of February 19th) |
124 million € + 2,323 billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering, Supply of
Equipment & Material |
PIDEC | |
| Construction | Kayson – Zoha Sanat – Qotb | |
| IRR | 28 % | |
| Siraf Project Information | ||
| Product | 1,650,000 tons Methanol Per Year (Grade AA) | |
| Location | Siraf Port | |
| Feed | Sweet Gas | 1413 MNm3/year (or 1056 kton/year) (IGAT) |
| Oxygen | 521 MNm3/year (or 744 kton/year) (ASU) | |
| Total required investment
(Capex + Non-Capex) |
466 million € + 13,957 billion Rials | |
| Cumulative Progress
)End Of February 19th( |
39.97 % | |
| Financial Performance
)End Of February 19th( |
152 million € + 3,277 billion Rials | |
| License & Basic Engineering | Haldor Topsoe | |
| Detail Engineering & Procurement
Service |
Namvaran | |
| Construction | Pendar, Tiv, etc. | |
| Financer | National Development Fund of Iran | |
| Finance Amount | 370.7 million Euro | |
| IRR | 24 % | |