roud table two refinery & petrochemical integration means 8 maximize efficiency: the best...
TRANSCRIPT
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Questions on the global view
1. Owner’s STRATEGY: NOCs and IOCs do they have different drivers?
2. SAVE the PLANET: change of environmental constraints will affect only the refinery production: is it true?
3. MARKET: Petrochemical products prices have a high fluctuation linked to the oil price: is it true?
4. CRISIS: Today price gap between Petrochemical feedstock and products is making investment difficult?
5. COUNTRY NEEDS: How much absence of full range Petrochemical Industry is an obstacle for the clusters?
6. LOCATION: How much costs of transportation will push for a petrochemical close to its consumers?
7. POLITICAL: Different National Holding Companies for Refinery and Petrochemical can be a limitation?
8. SIZE of INVESTMENT: a 300-400 KBD full conversion refinery + a full range integrated polyolefin & aromatics petrochemical complex will cost 8 -10b$: is it better to split in 2 projects with financing?
9. TECHNOLOGY: Refinery and Petrochemicals are independent parts of two different technology domains?
10.TIME is ESSENCE: what is the best approach to avoid a 5-8 years of useless EPC pre-tendering?
Selected real examples:
Full conversion refinery: MIDOR
Refinery with Petrochemical integration: SATORP
Ethileno XXI: Mexico
Jubail Export Refinery Project (Saudi Arabia)
Client: Saudi Aramco/ Total JV (SATORP)
Production: 400,000 BPSD
FEED of the entire facility
Engineering, procurement and construction
of two packages:
hydro and catalytic cracking conversion process units
Complete independent utility units as well as the interconnecting
network and process control system of the entire refinery
Grassroot full conversion refinery with high technological content
Saudia Arabia
Technip Presentation 4 4
SATORP has an annual output of 10 million metric-tons of diesel and 4 million metric tons of gasoline, 700,000 metric tons of paraxylene, 150,000 metric tons of benzene and 200,000 metric tons of high-purity propylene. See more at: http://www.total.com/en/energy-expertise/projects/refining-petrochemical-platform/satorp#sthash.nzNcVIMc.dpuf
The OPCC case study: Configuration Scheme
The selected configuration of OCPP is characterized by:
• Refinery is based on a single integrated CDU-VDU with VGO conversion in a M-HCU.
• Refinery is a high conversion scheme based on Residue Desulfurization and RFCC, to obtain a significant conversion of heavy fractions, maximizing Gasoline production.
• Aromatic Complex is integrated with refinery to maximize Para-xylene Production.
• CCR reformate feeds the Aromatic Complex, producing Benzene and Para-xylene; Raffinate products and Heavy Aromatics will be blended in the Gasoline Pool.
• OPCC will include a Petrochemical Complex where the Steam Cracker is fed mainly with LPG and Light Naphtha from refinery complex.
• The most of OPCC utilities, including H2, could be generated within the Complex.
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The State-owned China National Petroleum Corporation (CNPC or PetroChina) and the Russia oil and gas champion OAO Rosneft (Rosneft) signed (May 2014) an agreement on the design and construction planning of the Tianjin Refinery and Petrochemical complex to be built through their joint venture PetroChina- Rosneft Orient PetroChemical Tianjin Company (OPCC) in the China eastern Province of Tianjin.
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Drivers To do
Business Drivers: Profit or Social
Save the Planet: Changing «ppm» rules
Country needs: Sustainable Development
Crisis: Is it forever?
Markets: The price gap
Concerns
Location issue: A tunnel with Saudi?
Size of Investments: 5 + 4 b$ or 8 b$???
Time is essence: 5 years of pre-tendering
Technology: Look to the future
Country rules: EGPC & ECHEM
SATORP
REFINERY
PETROCHEM
TWO STARS or ONE SOLUTION?
Secco Petrochem., PRC
PTA – BP
Yansab, KSA
Integration means
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Maximize efficiency: The best «barrel» monetization
Save in infrastructure general costs
Save a lot by integrated offsites & utilities
Reduce by-products / residues & utilities import
Balance market fluctuations
competitiveness
Potential Products Kero / Jet Diesel Euro V Gasoline Benzene Paraxylene EO (Ethylen Oxide) MEG - DEG - TEG HDPE LDPE EVA (ethylene vinyl acetate)
Styrene ACN (Acrylonitrile) ABS (acrilonitrile-butadiene-styrene)
SBR (Styrene- Butadiene Rubber)
SAP (Styrene Acrylonitrile Plastic)
PP (PolyPropylene) PC (PolyCarbonate) HPPO (hydrogen peroxide x propylene oxide)
MMA (methyl methacrylate)
ACN (Acrylonitrile) Butadiene MTBE (Methyl Tertiary Butyl Ether)
Butene -1 Butyl Rubber …….
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Why a Petrochemical Refinery in Egypt
• Egypt is strategically located in the middle: oil reserves --- consumers market of plastic
• 92 million of Egyptians need jobs with know-how and technology transfer opportunities
• Attracting foreign investments in the “plastics clusters” will provide:
• Create the engine of the a wide range of manufacturing industries for Egypt & export
• Reduce the unemployment, increasing a lot the skills by technology transfer to new generations
• Reduce the negative balance of trade: targeting the “made in Egypt” for everything
• To realize the “clusters” plan a large fully integrated petrochemical complex is needed
• Investing in Egypt instead of other locations has the following advantages:
• the availability of operators and support companies (skilled people) at low cost,
• the infrastructure to grow (school, banks, telecoms, IT systems, etc.),
• strong and modern government with an high potential stability for the coming years,
• powerful security systems, especially in the areas of industrial development
• valuable incentives on taxation and infrastructure, specially in the SCZone.
• Egypt has already a 30-years+ history in the petrochemical sector and can drive its future with a master plan for the “plastic clusters”, covering the gap of the existing plants.