Mid January: Global construction and maintenance update

Indonesia

PTT Global Chemical PCL has made an offer to PT Pertamina to partner in a feasibility study. PTM is currently looking in to the potential for a new refinery in Indonesia. PTM is looking for a partner but one has not yet been officially announced.

Nigeria

Osabo Refining and Petrochemical Industry Limited has joined forces with the Chinese company Sino Arab Energy to build a refinery in the Cross River state of Nigeria. The 107 000 bpd facility will require an investment of US$ 7.5 billion and take over 500 hectares of land.

Pakistan

Byco has completed the initial run of its new refinery in Karachi successfully. The facility was up and running for 48 hours and successfully produced high speed furnace oil, diesel and naphtha to the specifications needed. The next trial run will be for a longer period of 72 hours.

USA

After a compressor malfunction at the BP Caron refinery, California on Friday 11^th January, the company have announced that the facility has returned to normal processing rates. The facility’s hydrocracking unit was affected by the incident. 

Valero Energy Corp. has announced that they plan on investing in a crude oil topper for its Houston refinery. The project will require an investment of up to US$ 280 million. The company are also looking in to buying 200 rail cars to increase shipping potential of products produced at the plant.  

Vietnam

A US$ 9 billion refinery has been approved for construction in Vietnam. Idemitsu Kosan Co., of Japan is the main party in this venture. Construction of the plant is scheduled to begin in the second quarter of the year and is expected to be online by the end of 2017. The plant is being built to help meet continually rising demand for oil products in Vietnam.

Edited from various sources by Claira Lloyd.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/17012013/global_maintenance_construction_update/