HYUNDAI Heavy Industries co. ltd

Jazan Gas Projects Company (JGPC) (SAR7.9bn) gas complex in Jazan, Saudi Arabia.

Saudi Aramco awarded the contract for the project to ACWA Holding and Air Products in 2015. Following the contract award, the two companies formed JGPC, a joint venture that will build, own, and operate the facility.

The gas complex will serve Saudi Aramco’s Jazan Refinery and Terminal. Once completed, it will become the largest industrial gas facility in the world.

Commenting at the ground-breaking ceremony, Mohammad Abunayyan, majority shareholder and chairman of the boards of JGPC and ACWA Holding, said: “Since the contract was awarded, we are very proud to have demonstrated outstanding infrastructure financing, which has enabled us to be well advanced with the build schedule.