Rosneft CEO, Igor Sechin, held a working meeting with the Minister of Energy and Mines of the Republic of Cuba, Alfredo Lopez, and Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba, Emilio Lozada Garsia. The parties discussed the extension of supply volumes, joint production projects, as well as prospects for co-operation for the modernisation of the Cienfuegos refinery.
Rosneft informed the Cuban delegation on the Tuapse refinery reconstruction process. The delegation examined the key production facilities of the refinery and visited deepwater marine terminal with the transshipment capacity of 17 million tpy of oil products.
The Tuapse refinery and the marine export terminal are a key hub for oil refining and oil products export on the Black Sea. The Tuapse hub connection with the Mediterranean Sea region creates significant opportunities for trading with Southern Europe, North Africa and other regions.
The delegation also visited the construction site of the new diesel line, which has no counterparts. It will consist of 35 objects including a diesel hydrotreating and vacuum gasoil hydrocracking unit, a hydrogen production plant, and an elementary sulfur production plant.
A large-scale investment programme is increasing the capacity of an old refining plant to 12 million tpy of oil and a refining ratio of up to 98.5%. Upon the modernisation, the Nelson’s Complexity Index of the plant will grow to 9 and will comply with the similar indicators of refineries in the Western Europe.
The plant will produce a wide range of oil products meeting the highest ecological requirements.
By the end of 2016, the refinery had processed about 10 million t of oil.
Read the article online at: https://www.hydrocarbonengineering.com/refining/09102017/rosneft-to-develop-cuban-refinery-assets/