LOBITO REFINERY PROJECT- SONAREF PROJECT ARA CONFERENCE AND WORSHOP CAPE TOWN 5 9 MARCH 2007 ARABELLA HOTEL

Transcription

1 LOBITO REFINERY PROJECT- SONAREF PROJECT ARA CONFERENCE AND WORSHOP CAPE TOWN 5 9 MARCH 2007 ARABELLA HOTEL

2 Agenda 2 INTRODUCTION CONFIGURATION FEEDSTOCK MARKET PROJECT BACKGROUND STUDIES ACTION PLANS SUMMARY

3 Introduction 3 The refinery will be constructed in Lobito. Initial Feasibility studies performed by Kellogg (KBR):proposed a refinery based on a full conversion scheme (FCC, HDC, Coker). 200,000 BPSD capacity producing LPG, gasoline, Jet Fuel, Kerosene, diesel and coke. Market: Export to Asia, Europe, South and North America, in addition to the African market. Proposed Investment Cost: about $ 3.7 billion.

4 Introduction 4 Cabinda Cabinda LUANDA Luanda Lobito L

5 Introduction 5 Project Site.

6 Configuration 6 LPG KUITO 50.0 DALIA C R U D E SR NAPHTHA KERO SR DIESEL V A VAC. G.O. C U U COKER M NAPHTHA DELAYED COKER 49.6 LCGO HCGO Fuel Gas POWER GENERATION 3 x 52 MW KHT 21.5 NAPH HT 38.4 DIESEL HT 55.5 NAPH. PARTIAL JET/KERO CONV. HCK HC DIESEL 95.9 H 2 PLANT 143 MMSCFD UCO LCO REFORMER 31.2 DIESEL POST TREATER 40.0 LPG FCC 38.7 MEROX 11.7 FCCU GASOL ALKY 11.8 C4 ISOM 6.3 GASOLINE DIESEL JET/KERO SLURRY COKE SULFUR PLANT 2 x 100 MT/SD SULFUR

7 Feedstock 7 Crude Oil Feedstock Feedstock: Angolan Heavy and High TAN crudes Crude Characteristics: high density (API 19/20) TAN>1

8 Market 8 The economic growth in many regions of Africa has caused a significant increase in demand of light products. Angola imported nearly 2 billion $ worth of products in the last 5 years. West Africa imports globally about 11 million tonnes per year of medium and light petroleum products 40% of the imported products come from Mediterranean, Black sea and North West Europe. Two thirds of the imported quantity for West African countries is consumed by Nigeria, where the actual refining capacity is well below the installed capacity.

9 Other Markets 9

10 Project Background Concept: Initially Sonangol considered partnering with one or more companies to develop the Project. 2. Agreement: Consortium agreement signed with the Chinese firm SINOPEC has been terminated. 3. Decision: On January 2007 Sonangol decided to hold 100% equity and take full responsibility of the Sonaref Project 4. Start up: New action plans are being defined and implemented, and this will support the development of the FEED studies/work in the second semester of The Refinery is expected to be operational in 2012.

11 Project Background 11 From the base case of BSPD,the configuration and capacity of the refinery are being reviewed in order to: Meet the needs of the Angola market Region which includes West, Southwest, South, Southeast &Northwest regions of Africa. Reduce the risk relative to product sales Reduce cost of investment Reduce the complexity of the plant. Adopt phased implementation

12 Studies 12 CURRENT STATUS

13 Works and Studies 13 A number of process studies were carried out to determine the optimum configuration of the refinery. Licensed technologies evaluations have been completed for key process units. Metocean data collection, topographic survey, geotechnical investigation and bathymetric survey have been carried out. Subcontract for hydrological survey have been awarded. Market survey update is being carried out. Site fencing almost completed.

14 Action Plan for Carry out the Hydrological site Survey and water gathering system Carry out the EISA (Environment impact and Socioeconomic assessment). Start preparing the site for civil works. Begin FEED: Other technology supplyers will be offered the opportunity to pre-qualify. Need agreement on product specs in Africa.

15 Summary 15 Country at peace and growing High Tan crude available Product demand Regional development Corner stone of future industrial development Job opportunities during construction and operation of the refinery Development of secondary and tertiary industries

16 Conclusion 16 Build a world class Refinery with the most modern technology Capable of meeting the most rigid/strict product specifications, market requirements/demands, stringent environment rules. Contributing to technological development of Africa. Improvement of ARA s own portofolio

17 THANK YOU FOR YOUR ATENTION SONAREF Project