Skip to main content

Weekend catch up: Global downstream news

Hydrocarbon Engineering,


India

Bharat Petroleum Corp Ltd has announced plans to expand the Bina oil refinery. The company are looking to increase production by 30% to 156 000 bpd with an investment of approximately US$472 million. The plant is a joint venture between Bharat Petroleum Corp Ltd and Oman Oil Co and will be completed in 2018. Oman Oil only has a minority stake in the plant and will not be contributing to the expansion work.

It has been reported that Mangalore Refining and Petrochemicals (MRPL) has made its first purchase of Ostra crude from Brazil. A 900 000 bbl cargo has been bought and is due for loading from Shell in the second part of August. It has been said that this purchase is a sign that India, as a whole is looking to diversify its oil imports from Middle Eastern crude oil.

On Friday 10 July, Nitin Gadkari, Union Shipping Minister commissioned the south oil jetty at the Paradip refinery. The Indian Oil Corporation Limited owned facility will have the jetty installed at a cost of Rs811 crore. The jetty will have a single berth for loading and unloading crude oil. It will also have eight loading arms for crude oil products.

At the end of last week, it has been reported that a fire broke out in an influent water tank at Gujarat refinery’s central effluent treatment plant. No one was injured and the fire was contained within 15 minutes by the plant’s fire and safety team.

Pakistan

The Khyber Pakhtunkhaw government has announced plans to construct its first refinery after a large company was allotted land in District Kohat. There are now reportedly six companies in the running for installing the refinery, namely, SPEC, PSO, Shezad International, Bin Ziyad Group and Khyber Refinery. The sixth company is said to be an international company which is liaising with the federal government directly.

Nigeria

It has been voiced that Nigeria is looking to produce enough gasoline to cover at least 20% of domestic demand. 8 million ltr/d is expected to be produced domestically however over the past eight months, no crude was sent to refineries in the country.

USA

Ohio’s Environmental Protection Agency (EPA) has announced its approval of a wastewater discharge permit for the proposed Ashtabula Energy industrial processing plant on Route 531. The facility is projected to cost US$200 million and will convert natural gas to diesel fuel and other liquids. The EPA granted permit will allow the facility to discharge approximately 1.6 million gal./d of wastewater into Lake Erie.

Edited from various sources by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/refining/13072015/global-downstream-catch-up/


 

Embed article link: (copy the HTML code below):