PetroSA – Mthombo Crude Oil Refinery – South Africa - Project Profile
"PetroSA – Mthombo Crude Oil Refinery – South Africa - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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State-owned petroleum major, Petroleum Oil and Gas Corporation of South Africa (PetroSA) is planning to construct an oil refinery with China's Sinopec Group as the anchor partner and Industrial Development Corp (IDC) as the national funding partner in Port Elizabeth, South Africa.
The project involves the construction of a crude oil refinery with a processing capacity of 300,000 barrels per day (BPD) on 600ha of land. The refinery is being designed to consume less water for cooling purposes by using advanced air cooling methods and also discharge less effluent and wastes by using internally recycled water. The plant is arranged with a flexible production system to process diesel and petrol.
It will include the construction of a partial conversion hydrocracker, a fluid catalytic cracking unit, a delayed coker unit, a residue solvent de-asphalting unit, a conventional top of the continuous catalytic reformer and a naptha isomerization unit.
In November 2007, a pre-feasibility study contract was awarded to Kellogg Brown & Root International Inc (KBR).
In August 2008, PetroSA appointed HSBC as financial adviser.
In October 2008, KBC Process Technology Ltd was appointed as technical and commercial services advisers.
In December 2008, a feasibility and front-end engineering and design (FEED) study services contract was awarded to KBR.
In April 2009, a consortium of three South African firms, Edward Nathan Sonnenbergs, Mkhabela Huntley Adekeye and Qunta, along with international partners Clifford Chance UK and Nixon Peabody US, was appointed as legal advisers.
On October 6, 2009, PetroSA and Coega Development Corporation (CDC) signed a cooperation agreement for the oil refinery.
On September 30, 2011, PetroSA announced it had signed a memorandum of understanding (MoU) with China Petrochemical Corporation (Sinopec) to create conditions of cooperation for developing a crude oil refinery, for exploration, development and production of hydrocarbon opportunities, and on downstream activities.
PetroSA signed a joint study agreement with China Petroleum & Chemical Corporation (Sinopec Group) in May 2012 to create a business case. The joint study agreement has ensured PetroSA and Sinopec contract Sinopec Engineering Incorporation (SEI) to handle the studies on behalf of the two companies.
In March 2013, PetroSA agreed to include the Industrial Development Corp (IDC) as funding partner.
Feasibility study activities are underway.
The project involves the construction of a crude oil refinery with a processing capacity of 300,000BPD on 600ha of land at Coega Industrial Development Zone in Port Elizabeth, South Africa.
The US$15,254 million project includes the following:
1. Construction of a warehouse facility
2. Installation of a conversion hydro cracker
3. Installation of a fluid catalytic cracking unit
4. Installation of a delayed coker unit
5. Installation of a residue solvent de-asphalting unit
6. Installation of a catalytic reformer
7. Installation of a naptha isomerization unitReasons To Buy