National Iranian Oil Refining & Distribution Company (NIORDC)

Transcription

1 National Iranian Oil Refining & Distribution Company (NIORDC) Presented by: A.Kazemi (Deputy Petroleum minister & NIORDC President) Corporate Planning Management Jan 2017

2 NIORDC, the state owned oil company of IRIP is a downstream integrated company. We have operation in entire crude oil transport, storage, refining, product distribution - storage, and service stations.

3 9 Refineries Crude oil : 3861 Km Pipelines Products : 9307 Km Service stations Storage: 3297 CNG Refueling Stations : 2229 We are among the 4 top companies that have the highest numbers of CNG refueling stations.

4 Ministry of Petroleum N.I.O.C N.I.O.R.D.C N.P.C N.I.G.C

5 National Iranian Oil Refining & Distribution Company National Iranian Oil Products Distribution Oil Refining Industries Development National Iranian Oil Pipeline and Telecommunication National Iranian Oil Engineering and Construction Bandar Abbas Esfahan Arak Abadan Lavan Kermanshah Shiraz Tehran Tabriz Persian Gulf Star (On going project)

6 Tabriz 110 Length (km) Tehran 250 Existing Future Plans Kermanshah 21 Arak 250 Esfahan 375 Existing Crude Pipeline Planned Crude Pipeline Existing Condensate Planned Pipeline Condensate Pipeline Abadan 390 Shiraz 58 Lavan 50 Bandar Abbas 320

7 Length (km) Existing Future Plans Existing Product Pipeline Planned Product Pipeline

8 Existing Status Refinery Capacities

9 Tabriz Shiraz Tehran Lavan Kermans hah Imam Khomeini Shazand Esfahan Bandar Abbas Abadan Refining Companies Start up Date 110,000 58, ,000 50,000 21, , , , ,000 Capacity (bpd) API Feedstock S Private sector Private sector Private sector Private sector Private sector NIORDC Private sector Private sector NIORDC Ownership Oil Refining Companies NIORDC

10 Year Growth of Refining Capacity Refining Capacity ( KBPSD ) Abadan Refinery (1912) Lavan Refinery (1977) Tehran Refinery (1968) Tabriz Refinery 1977 Kermanshah Refinery (1922) Esfahan Refinery (1979) Shiraz Refinery (1973) The War Effects ( ) Bandar Abbas Refinery (1997) Arak Refinery (1993) Lavan Refinery Project (2011) Existing Capacity (1800 KBPSD) Bandar Abbas & Arak Refinery Revamp (2010) 0

11 STRATEGY

12 Products Quality Improvement Bottom Upgrading New Refineries New Pipelines New Depots

13 Clean Fuel &Optimization / Upgrading Projects Clean Fuel Projects Abadan oil refining Company : CCR, Isomerization and gasoil/kerosene hydrotreating Units Tehran oil refining Company : Isomerization and gasoil/kerosene hydrotreating Units Bandar Abbas oil refining Company : CCR, Isomerization and gasoil hydrotreating Units Tabriz oil refining Company : CCR and Benzene Extraction Units Esfahan oil refining Company : Isomerization and CCR, gasoil/kerosene hydrotreating Units Lavan oil refining Company :CCR, Isomerization and gasoil hydrotreating Units Residue Upgrading and Optimization Imam Khomeini oil refining Company : Throughput increase, products quality improvement and Residue Conversion Abadan oil refining Company :FCC Complex Plant,Hydrocarcker, Throughput increase, Expansion and capacity stabilization (including the implementation of storage tanks) Esfahan oil refining Company :Process expansion and optimization, RFCC Lavan oil refining Company : Throughput increase

14 Abadan Diesel, Kero 0ngoing Project Gasoline NIORDC Imam Khomeini Shazand Lavan Achieved All Products All Products Tehran Gasoline 0ngoing Project Diesel, Kero Bandar Abbas Start up All Products Isfahan All Products 0ngoing Project

15 Feasibility Study & Finance Negotiation Bandar Abbas Chioda, Mitsui & Dailem Tehran Tabriz JGC, Marubeni, SK JX Nippon, SK 0ngoing Project Isfahan Abadan Dailem, Mapna, Nargan ODCC, SEI

16 Abadan Oil Refining Company (AORC)

17 AORC Clean Fuel & Residue Upgrading and Optimization Projects REFINERY MODERNIZATION PLAN Phase I Phase III NOW Phase II Phase IV (Residue Upgrading) PHASE-II Stabilization Project Current Status: Basic Eng by Chinese Consortium PHASE- IV Bottom Upgrading Project Current Status: FS by JGC followed by DFS in 2017

18 Abadan Oil Refining Company(AORC) Existing Production Units Atmospheric Distillation, Vacuum Distillation, Visbreaker, LPG Recovery, Alkylation, Isomerization, Fluid Catalytic Cracking (FCC), Catalytic Reformer (CRU), Propylene Recovery, Gasoline Treating, Naphtha Hydrotreater, Sulfur Recovery and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual ABADAN Refinery

19 AORC Products Before/after the Projects (EURO 4) In Future: After Completion All Phases REFINERY CONFIGURATION

20 AORC Products Before/after the Projects (EURO 4) In Future: After Completion All Phases 4,854 LPG 7,711 16,869 NAPHTHA 16,957 PRODUCTIONS GASOLINE JET/KERO 115,448 GASOLINE 122, % + 52% 33,587 JET/KERO 51,035 DIESEL FUEL 88,536 DIESEL 122, % - 60% 88,368 FUEL 35,000 ECONOMICS OTHERS ΔMARGIN USD/BBL unit in BPSD

21 Esfahan Oil Refining Company(EORC)

22 Clean Fuel &Residue Upgrading & Optimization Project Production Units Unit Capacity(BBL/day) License a. In service Naphtha Treating CCR Axens Axens Isomerization UOP Unit Capacity(BBL/day) b. In Future ATM. Distillation Kero HDS Gasoil HDS Hyvahl RFCC RFCC Gasoline Treating LPG LPG Merox Propylene Recovery H2 Plant (Ton/Day) SRU(Ton/Day) *

23 Esfahan Oil Refining Company(EORC) products Before/after the Project(EURO 5) Product Before Capacity(bbl/day) Increase/ Decrease After Gasoline In Future LPG Product Capacity(bbl/day) Increase/ Decrease LPG Gasoline Gasoil(10ppm) Gasoil(>2500ppm) Kerosene Fuel Oil(180cst) Fuel Oil(280cst) Propylene 6998 ATK 23477

24 Esfahan Oil Refining Company(EORC) Existing Production Units Atmospheric Distillation, Vacuum Distillation, Visbreaker, Naphtha Hydrotreater, LPG Recovery, Catalytic Reforming (CRU), Continuous Catalytic Reformer (CCR), Isomax, H2 Production, Isomerization, Sulfur Recovery and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual ESFAHAN

25 Bandar Abbas Oil Refining Company (BAORC)

26 Clean Fuel Project Production Units Unit Capacity(BBL/day) License Heavy Naphtha Treating AXENS CCR AXENS Light Naphtha Treating AXENS Isomerization AXENS Gasoil HDS AXENS Amine Treating 230 T/d SWS 500 T/d SRP 120 T/d Sulfur Solidification 250 T/d

27 Bandar Abbas Oil Refining Company (BAORC) Products Before /after the Project (EURO 4) Product Before Capacity(bbl/day) Increase/ Decrease After LPG Gasoline Sulphur (t/d)

28 Bandar Abbas Oil Refining Company (BAORC) Production Units (the current project units and existing one) Atmospheric Distillation, Vacuum Distillation, Visbreaker, LPG Recovery, Isomerization, Gas Oil Hydrotreater, Naphtha Hydrotreater, Kerosene Hydrotreater, H2 Production, Catalytic Reforming (CRU), Continuous Catalytic Reformer (CCR), Isomax, Sulfur Recovery and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual BANDAR AABAS

29 Bandar Abbas Oil Refining Company (BAORC) In Future: After Completion Residue Upgrading 36% 8% Current gasoline shifts from 73 kbbl/d to 122 kbbl/d Recovering sulfur increase from 165 ton/d to 848 ton/d

30 Tabriz Oil Refining Company(TORC)

31 Clean Fuel project Production Units Unit Capacity(BBL/day) License Heavy Naphtha Treating AXENS CCR AXENS Benzene Extraction 92 T/day UHDE

32 Tabriz Oil Refining Company(TORC) products Before /after the Project(EURO 5) Product Before Capacity(bbl/day) Increase/ Decrease After Gasoline Benzene

33 Tabriz Oil Refining Company(TROC) Existing Production Units Atmospheric Distillation, Vacuum Distillation, Visbreaker, LPG Recovery, Naphtha Hydrotreater, Kerosene Hydrotreater, H2 Production, Catalytic Reforming (CRU),Continuous Catalytic Cracking(CCR),Benzene Extraction, Isomax, Sulfur Recovery and related units and utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual TABRIZ

34 Tehran Oil Refining Company(TORC)

35 Tehran Oil Refining company(torc) Production Units Atmospheric Distillation, Vacuum Distillation, Visbreaker, LPG Recovery, Naphtha Hydrotreater, Kerosene Hydrotreater, Gas Oil Hydrotreater, H2 Production, Catalytic Reforming (CRU), Isomax, Isomerization, Sulfur Recovery and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual TEHRAN

36 Tehran Oil Refining company(torc) In Future: Improvement and Residue Upgrading Projects PHASE-1 CCR Project Current Status: Basic Engineering by JGC FINANCE ARRANGEMENT PHASE-2 Bottom Upgrading Project Current Status: DFS by JGC REFINERY CONFIGURATION FINANCE TASK FORCE

37 Tehran Oil Refining company(torc) In Future: After Completion All Phases REFINERY CONFIGURATION

38 Tehran Oil Refining company(torc) In Future: After completion All Phases 10,900 LPG 19,600 PRODUCTIONS 53,400 GASOLINE 73,900 GASOLINE + 38% JET/KERO + 6% 40,800 JET/KERO 43,100 DIESEL FUEL 64,400 DIESEL + 28% - 89% 82,200 43,500 FUEL ECONOMICS 4,700 OTHERS CURRENT unit in BPSD UPGRADED ΔMARGIN USD/BBL

39 Imam Khomeini Oil Refining Company of Shazand (IMORC)

40 Residue Upgrading & Optimization Project Production Units Unit Capacity bbl/day License Distillation Designed by JGC Naphtha Hydrotreater Axens Octanizer Axens RFCC UOP LPG Merox UOP RCD UOP Kerosene Hydrotreater Axens Gasoil Hydrotreater Axens FCC gasoline Treater Axens Isomerization 8500 RIPI H2 Plant 341 Propylene Recovery Unit UOP Sulphur Recovery(t/d) 640

41 Imam Khomeini Oil Refining Company of Shazand Products Before/after the Project(EURO 5) Product Before Capacity(bbl/day) Increase/ Decrease After LPG Gasoline Kerosene Gas oil Fuel oil

42 Imam Khomeini Oil Refining Company of Shazand (IMORC) Existing Production Units Atmospheric Distillation, Vacuum Distillation, Visbreaker, LPG Recovery, Naphtha Hydrotreater, Kerosene Hydrotreater, Continuous Catalytic Reformer (CCR), Isomax, Sulfur Recovery, H2 Production, Isomerization, Residue Fluid Catalytic Cracking (RFCC), Reduced Crude Desulfurization (RCD), Propylene Recovery and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual ARAK

43 Lavan Oil Refining company (LORC)

44 Clean Fuel & Optimization Project Production Units Unit Capacity(BBL/day) CDU VDU HNHT/CCR 6750 LNHT/ISOM 7400 KHT/GHT SRP (Sulphur Recovery) Sour Water stripper Amine Treatment 30T/d 416 T/d 122 T/d

45 Lavan Oil Refining company (LORC) products Before /after (EURO 4) Product Before Capacity(bbl/day) Increase/ Decrease After LPG Gasoline Kerosene Gas oil Fuel Oil

46 Lavan Oil Refining company (LORC) Production Units Atmospheric Distillation, Vacuum Distillation, LPG Recovery, Naphtha Hydrotreater, Kerosene Hydrotreater, Gas Oil Hydrotreater, Catalytic Reforming (CRU), Isomerization and related utilities GROSS MARGIN ($/bbl) Refinery Capacity (bbl/day) Nelson Complex Index Design Nelson Complex Index Actual LAVAN

47 New Refineries Future Status

48 Siraf Refineries Park Located in Asaloyeh Bushehr Prov. The biggest condensate refinery in world 8 refineries ( = BPSD) Products: LPG BPSD Total product capacity Treated Naphtha BPSD Jet Fuel BPSD Gas Oil BPSD Estimated Investment (Million $): Providing consortium with Iranian companies

49 Pipeline and Oil Terminal Projects

50 Jask Oil Terminal Project JASK, located in Hormozgan Province of Iran in Oman sea Coast. The Project is on the basis of financing, construction, operation and ownership transfer (BOT). Basic Design is prepared and the review is under implementation

51 Jask Oil Terminal Project STORAGE CAPACITY: 10 MM BBLS CAPACITY OF EACH SPM: 1.5 MM bpsd

52 Jask Oil Terminal Project Capital Cost $500 MM

53 Cumulative Project Investment in Iranian Refineries through

54 Change of Products Slate as a Result of Implemented Projects Unit : bpd Modified Base Case Fuel Oil Gas Oil Jet/Ker Gasoline LPG Crude Fuel Oil Gas Oil Jet/Ker Gasoline LPG Crude

55 THANK YOU