By Macson Obojemuinmoin
The NNPC Ltd, Nigeria’s state hydrocarbon company, has proposed a condensate refinery as part of the ‘development’ of the Kolmani River field in the north of the country.
In the said proposal, NNPC clearly notes that it…
By Macson Obojemuinmoin
The NNPC Ltd, Nigeria’s state hydrocarbon company, has proposed a condensate refinery as part of the ‘development’ of the Kolmani River field in the north of the country.
In the said proposal, NNPC clearly notes that it…
When the Nigerian independent Waltersmith Petroman, concludes a well it is currently drilling on the Ibigwe field in the east of the country, it will deliver the entire daily production from the new probe into its refinery in the vicinity of the field.
The company runs a 5,000Barrels of Oil Per Day (BOPD) modular refinery.
It is the only company, which processes its entire upstream output in a local facility, which is itself the first phase of a much bigger complex.
The Waltersmith Refinery complex started life in a grand style with a commissioning witnessed by over 300 oil and gas executives, most of them airlifted from Lagos and Abuja for the event, and a speaker line-up that included President Muhammadu Buhari, who directly addressed the gathering virtually from the State House, witnessed the commissioning.
Sitting in that glittering gathering, almost a year ago, cramped for space in a vast canopy, you could be forgiven for assuming that the country was launching the grand project itself: the 650,000BOPD Dangote Refinery, under construction for the past six years.
But this modest hydrocarbon processing project is part of an ambitious journey that began as a marginal oil field, estimated at no more than 20Million Barrels of crude in recoverable reserves.
The destination is an Industrial and Innovation Park, with a 50,000BOPD refinery complex and a 3,000MW gas-fired power plant as the centrepieces of a hub that will provide energy to 118, 000 households and 27, 000 commercial and industrial users.
The park is designed to be spread over 100 hectares of land initially, of which 65 hectares of land has been acquired. The Power Plant will supply power to nearby industries or industries which come to locate themselves in the hub. Waltersmith was awarded electricity generation license by the Nigerian Electricity Regulatory Commission (NERC) in 2017.
The 5,000BOPD plant, with planned optimum output of about 271Million litres of refined petroleum products (Diesel, Kerosene, Heavy Fuel Oil-HFO and Naphtha) per annum, is thus the first of a three phase complex comprising a 20,000Barrel per day condensate refinery and a 25,000 crude oil refinery, planned for completion by 2022.
To fund this starter project, Waltersmith Petroman formed a Joint venture (JV) with the Nigerian Content Development & Monitoring Board, a Government parastatal which holds 30% to its 70%. The JV, named Waltersmith Refining and Petrochemical Company, got funding support from the African Finance Corporation (AFC), a pan-African Multilateral Development Financial Institution.
Even if the project is halted at this first phase, it is already an exception in the country.
As a rule, private Nigerian owned E&P companies do not aspire to be integrated entities.
Waltersmith is only the second company, out of over 20 Nigerian independent crude oil producers, to get into the business of running a refinery. It is instructive that the first: Niger Delta Petroleum Resources, also built its refinery on the back of a marginal oil field.
Established in 1996, Waltersmith Petroman acquired the Ibigwe Marginal Field (OML-16) license in 2004 and delivered first oil in 2008. It grew production to over 7,000BOPD, built a 15,000 BOPD Flowstation at Ibigwe to process crude from the Ibigwe Field and the neighbouring NNPC/ SEPLAT JV Ohaji South Field in OML-53. Anticipating additional growth in production from the vicinity, Waltersmith is expanding this facility to handle 20,000BOPD by the end of 2020.
Two intractable challenges that confront small producers like Waltersmith in delivering crude oil to the market are the incessant vandalism of export pipelines and high charges paid to both pipeline and terminal facility owners. At one point for Waltersmith was losing between 25% and 30% of the output before the crude got to the terminal. Then again, the company was paying as much as $8 per barrel on pipeline and terminalling charges.
The idea for the refinery came primarily from thinking to mitigate production losses. But gradually, what started as a route out of economic challenges started taking the shape of a higher calling.
“WE HAD BEEN PRODUCING OIL NOW FOR OVER A DECADE and of course, we had our own unique locational challenges but I then asked the question, is this it for our nation?”, wondered Abdulrazaq Isa, Waltersmith’s Chairman and co-founder. “Producing and exporting oil? Is this it for us, is there a way we can do something better?”
The company decided it was going to start small and build a modest modular refinery,“but side by side, we started asking the question, what can we do with the gas that we are producing, from which we had been generating about 1.2MW of electricity for ourselves on our site? I started asking why can’t I provide electricity for some other people?”
Razaq said that, as the refinery project started taking shape, “the next wave of thinking in our company was how to create an industrial infrastructure where we then begin to provide other services to other people. We can acquire a significant amount of land within our area: we are building a refinery, we are providing electricity for ourselves, we are providing water for ourselves, we are providing security for ourselves so why can’t we scale that up and do that with other people? Why don’t we create the same enabling environment within our area for those of us who are operating within that area and provide these same services to them?
That way, we can create jobs for people, people can co-locate factories and industries where we are and that way, we can impact the economy directly and begin to create an industrial base for the production of other things. That was the kind of thing that we are beginning to think about but that is in addition to expanding our refining capacity and our upstream business will of course continue to grow because we will continue to look for assets. We see our upstream business as an enabler for doing things. We in this business, must look at other sectors of the economy and continue to intervene in them because we earn significant resources from the E&P segment of our business”.
By 2018, Final Investment Decision (FID) had been taken and in October 2018 the groundbreaking ceremony was done, effectively kicking off the construction phase in November 2018.
FEED STOCK FOR THE EXPANSION
The 5,000BOPD refinery utilises own operated crude as feedstock, but negotiations are ongoing with both SEPLAT and NNPC on Crude Sales and Purchase agreements for the over 7,000BOPD NNPC/SEPLAT OML-53 JVO haji South production processed at Waltersmith’s Ibigwe Flow station. There is also ongoing conversations, for some commercial arrangement with other parties who either hold positions in, or operate, fields sited within 30-km of the Ibigwe Marginal Field.
Front End Engineering Design (FEED) for the 25,000 Barrels Per Day (BPD) Phase 2 Condensate Refinery was completed in Q1 2020, with feasibility study concluded in Q2 2020 and the EPCIC Contracting process has been initiated with Final Investment Decision planned for Q4 2020 and the delivery expected by Q4 2022.
Phase 2 will output about 1.4Billion litres per year of refined petroleum products (Premium Motor Spirit – PMS, Diesel, Kerosene, Aviation Jet Fuel and HFO) when completed, in addition to the 271Million litres from the Phase 1. “The combined products expected at full capacity, from the three phases, is about 2.7BIllion litres of products per annum. “This represents 10% of the total refined products consumption in Nigeria”, Isa said. The groundbreaking ceremony for 2nd and 3rd Phases of the refinery complex was done in conjunction with the commissioning of the 5,000BOPD Phase 1 Refinery last November.
THE LINEUP OF SPEAKERS AT THE commissioning ceremony comprised, largely the CEOs of the companies expected to provide condensate and crude oil feedstocks for the next two phases.
One of the first speakers was Roger Brown, CEO of Seplat, operator of OML 53, the condensate rich asset on which the 300MMscf/d ANOH gas project, promoted also by Seplat, was being constructed. “This plant means that crude oil from this area will be refined in this area and sold to people from this area”, Brown gushed. “And this is what the future is got to be. It’s got be utilized within our areas and states. I’m delighted to say the crude stock from our OML 53 production will be refined here and sold in Imo State”.
Waltersmith also has eyes on crude oil from Egbema field (operated by NPDC, an NNPC subsidiary) and Egbema West (held by Shell Petroleum in JV with NNPC). The assets, “located in nearby OML 20, are excellent sources of crude oil feedstock for our refinery”, Isa told the gathering.
This is what Osa Okunbor, Chair of Shell Companies in Nigeria, referenced when he spoke. “This project sits very, very close to several of our land assets and there’s a lot of room for collaboration to ensure that the required feedstock is obtained”, Okunbor said.
“I want to reaffirm this commitment working with our partners in the SPDC JV in particular, the GMD of NNPC to see how we can fulfill this commitment we made to support this project with the required feedstock.”
One sticky point in Waltersmith’s negotiations for feedstock from these nearby fields, sited within 30-km of the Ibigwe Marginal Field, is NNPC’s own development plans.
The state owned firm’s decision to site a condensate refinery, right in the Assa North- Ohaji South (ANOH) field area, had been as ore headache in the planning for Waltersmith’s 2nd Phase Condensate Refinery.
Waltersmith had been in discussion with Seplat Petroleum, to have the latter inject the condensate from its ANOH field gas project to the refinery. But NNPC too, as Seplat’s partner on the asset, is angling for a condensate refinery in the vicinity. NNPC wants to construct four condensate refineries of 30,000BPD capacity each, and site one of them in the ANOH area. Its primary feedstock is the same gas condensate from ANOH that Waltersmith is seeking to take from Seplat.
Waltersmith has been negotiating with NNPC to either merge its plans into the Ibigwe Phase 2 Refinery, or for the two of them to find some other middle ground. This is why Waltersmith’s press releases and its several public statements in the past year have repeatedly contained the line: “Critical to the success of these projects is the Federal Government’s support, through NNPC, to conclude on advanced discussions to grant Waltersmith access to nearby Condensate feedstock in Assa North / Ohaji”.
Of critical importance, then, was the speech of Mele Kolo Kyari, the NNPC’s Group Managing Director, at the commissioning.
“We have engaged Waltersmith severally and we have assured them that between us and our partners, we will make feedstock available to this refinery” Kyari declared. “ NNPC will continue to collaborate with other investors to establish more refineries”.
THE HUB, THE COMMUNITY
As putative feedstock providers were providing verbal guarantees of crude condensate and gas supply for the refinery, the basic blocks of the larger industrial park were also being assembled.
Isa, the Chairman of WalterSmith Group, announced the “ground breaking of the development of our Industrial and Innovation Park with the flagging of the Technical Support Agreement with United Nations Industrial Development
Organisation (UNIDO) and United Nations Economic Commission for Africa (UNECA)”.
Chike Nwosu, Waltersmith’s Chief Executive Officer, said that once the company “can provide the basic needs of manufacturers which is around energy, we expect them to be attracted to these areas and we expect that to begin to create commercial hub around the Ibigwe area where the inherent entrepreneurship of the people of that area will be given the juices for them to grow and so, you will see small and medium enterprises growing along with the larger industrial manufacturers”.
Nwosu has heard so much talk about companies’ ability to pay for the industrial park services, especially provision of power.
He has a response: “Waltersmith has a paradigm shift”, he explained. “The ability to pay conversion is about delivering power, you don’t deliver power because the end users don’t have the ability to pay. Why don’t you create that ability to pay through a couple of steps? The first step is creating the environment for customers who can pay which is the industrial complex.
“There is need to create an industrial complex where manufacturing companies who can pay for the energy because it is cheaper for them and who you can provide with access to ports.
For instance, Port Harcourt is near us, Onitsha is near us including the Port Harcourt airport and other airports within our jurisdiction.
There are exit routes to export anything that you want to do. This should be created for the manufacturers, bring them because they have the ability to pay”.
By Foluso Ogunsan and Akpelu Paul Kelechi, in Lagos
The OPAC (Modular) Refinery, located in Kwale, in the Niger Delta basin, has taken so long (Four years) from conception to completion, largely because of the bureaucracy of constructing a hydrocarbon processing facility in Nigeria, in the opinion of Momoh Jimah Oyarekhua, the refinery’s CEO.
“We had various issues, because we were more or less like pioneers, we had to fight for waiver and that meant going through processing, going through the Ministry of Petroleum, going through the Ministry of Finance, going through Customs. At some point it was now gazetted by the Presidency,” Oyarekhua discloses. “While we were waiting for waiver, which took us eight months, we had some of our equipments stolen at the port. Our intention was to complete the refinery by the end of 2018, or maybe if it spills over, in 2019. But we had some of our equipment missing, some of that equipment had to be reproduced, which opened us to cost because we were at the forefront”.
Oyarekhua’s use of words like “pioneer” and “forefront” would suggest that the OPAC Modular refinery is the first in the country. In truth, as the 10,000BOPD OPAC refinery undergoes commissioning stages, there are already, on ground, two such facilities fully functional: the Niger Delta E&P (NDEP) owned, three- train 11,000BOPD Ogbele Refinery in Ogbele, in Rivers State and the Waltesmith Petroman owned 5,000BOPD Ibigwe refinery in Imo state, on the eastern flank of the Niger Delta basin.
But this is how Mr. Oyarekhua frames his narrative of OPAC being a pioneer:
“When we were conceiving the idea of this refinery, (in 2017), I truly would say that I did not know any other refinery existed in Nigeria. When we asked around we were only aware there was a one thousand barrel a day topping plant owned by NDPR stripping out the gasoil in their crude. When in 2017 were thinking of actually building a Modular Refinery. Before then, there were licenses and all that. It began to dawn on us that there was a space that we could play”.
Records at the Department of Petroleum Resources (DPR), the country’s regulatory agency, indicate that the ‘authority to construct’ (ATC) a refinery was only granted to Waltersmith Petroman in March 2017, whereas OPAC refinery received its own ATC, six months after, in September 2017. It’s also true that, as of that time, NDEP was only running its first train, a 1,000BOPD (crude oil to diesel) topping plant-a valid refinery itself no doubt- but had not been granted licence to increase the complexity of the unit to the 11,000BOPD refinery it is running today. DPR records show that ATC for NDEP’s second train 5,000BOPD refinery and third train 5,000BOPD refinery, were both granted in December 2018.
From DPR’s records, then, Oyarekhua’s claim of being a pioneer, despite “meeting” two refineries on ground, is not necessarily wrong.
But OPAC had other challenges that ensured the facility’s delay in delivery.
“This project is financed by equity, there isn’t debt. When there are variations, we go back to the drawing table trying to raise money. It’s different from the WalterSmith one that government through NCDMB gave money and all of that. Our models are different, we could be struggling at some point, but they already had everything well worked out”.
Local Refining Can Consume $Billions of Scarce Nigerian Forex
With the conclusion of agreements to launch the upstream and midstream segments of the Lake Albert development project, discussions are shaping up around financing close for the 60,000BOPD.
The government holds a 40% participating interest in the refinery. The Uganda National Oil Company (UNOC) is taking up the biggest shareholding in the project through one of its subsidiaries, the Uganda Refinery Holding Company (URHC), on behalf of the state. “We have a role together with the refinery consortium in ensuring that the refinery makes a final investment decision in 2022, in accordance with the timelines of the Project Framework Agreement”, says Proscovia Nabbanja, CEO of UNOC.
The Albertine Graben Refinery Consortium, which holds 60% of the project, consists of General Electric (GE), Yaatra Ventures LLC, Intracontinent Asset Holdings and Saipem SPA.
The refinery is expected to come on stream between 2024-2025. “There’s a lot of work being done today, such as the environmental and social impact assessment and the front-end engineering design”, Ms. Nabbaja explains. “We are also working with the Ministry of Finance to secure financing for our equity in the refinery”, she notes.
But the Ugandan government is stretched thin. In the last five years, it has expended close to $2Billion on infrastructure, to equip the country to handle the oilfield project, which will see over 10 fields in the Hoima district producing 230,000BOPD at peak.
“Without financing you can only do so much”, Nabbanja says.“If you are going to play as a contracting party or partner within the agreements, then you must have the financing”.
She says that Financing is not only for UNOC’s equity participation; “to deliver on your strategy, you must have a good target operating model and you must have resources for it. Internally, we have defined the financing needs for UNOCoperations to make ourselves field-ready and capacitated for that time when we actually get into execution mode for the projects”.
The Angolan Ministry of Mineral Resources and Petroleum (MIREMPET) will, on March 15, 2021, announce the winner of the tender to build the 100,000BOPD refinery in Soyo, in Zaire Province the north easternmost part of the country.
At the start of final evaluation, there were nine proposals from groups that included Atis Nebest-Angola, SDRC, Jiangsu Sinochem Construction Co., Tobaka Investment Group, Satarem, Gemcorp Capital, China Petroleum Pipeline (CPP) Engineering Firm, Quanten Consortium, as well as a joint proposal submitted by CME, Aida and VSF.
One of them has since dropped out, which means that eight companies and consortia had their proposals evaluated by PwC, the government’s due diligence consultant, as of December 29, 2020.
But MIREMPET postponed the announcement, for the second time in January 2021, in order that the best ranked competitors could renew their investment financing guarantees, “through renowned financial institutions, as well as re-affirmation of the corporate structures involved”, the ministry says in a statement.
The Soyo refinery is one of three refinery projects under development by the Angolan government. One is to expand the capacity of the Luanda refinery, another is the two-phase construction of a new 60,000BOPD refinery at Cabinda, which is underway.
Nigeria’s National Content Development Monitoring Board (NCDMB) will invest in the next phase of the Waltersmith Refinery in Ibigwe, Imo State, on the eastern flank of the Niger Delta basin.
The board is a 30% participant in the first phase, a 5,000BOPD facility with output capacity of 271Million litres of Petroleum Products, per year.
But whereas the NCDMB’s $10Million investment in the first phase is transitional equity, which means it is expected to pull its funding when the project is developed, the board is impressed enough with the first phase that it is committing itself to the 25,000BPD Phase 2 Condensate Refinery, for which Final Investment Decision is under active consideration.
“Yes, we will continue”, Simbi Wabote, the NCDMB Executive Secretary told Africa Oil+Gas Report. “They have done what they said they would do and we are happy with them”.
Abdulrazaq Isa, Chairman of the board of Waltersmith confirmed the development to Africa Oil+Gas Report. “Ÿes they are working with us on the second phase”, he said.
The 25,000BPD Condensate Refinery will utilize feedstock from the nearby ANOH Gas Processing Company (AGPC) “and some additional commercial discussions were progressed on some nearby oil and gas assets”, Waltersmith says in a briefing.
Front End Engineering Design (FEED) for the 25,000BPD Phase 2 Condensate Refinery was completed in Q1 2020, Feasibility study in Q22020 and the EPCIC Contracting process has been initiated while delivery is expected by Q4 2022.
The groundbreaking ceremony was done in conjunction with the commissioning of the Phase 1 Refinery in November 2020 by President Muhammadu Buhari.
When completed, the Phase 2 will deliver about 1.4Billion litres per year of refined petroleum products (Premium Motor Spirit – PMS, Diesel, Kerosene, Aviation Jet Fuel and HFO) in addition to the 271 million liters from the Phase 1 Refinery.
By Ahmed Gafar Alade, in Lagos
Nigerian National Petroleum Corporation (NNPC), the Nigerian state hydrocarbon company, has publicly opened bids for the Engineering, Procurement, and Construction phase of the rehabilitation of the Port Harcourt Refining Company
A company statement claims that the exercise was “a new chapter” in the corporation’s refineries rehabilitation project
The event, which held virtually, had in attendance external observers such as the Bureau of Public Procurement (BPP), Nigeria Extractive Industries Transparency Initiative (NEITI) and the Civil Liberties Organizations, according to a press release by Kennie Obateru, the Group General Manager, Group Public Affairs Division, “This signals the imminent take off of the second phase of the rehabilitation of the Port Harcourt Refinery whose first phase was completed earlier in the year”, the statement says.
The bids were submitted electronically and, the NNPC says, they would be viewed virtually. They were submitted through the NipeX portal for the pre-qualification for technical evaluation. The NNPC statement contains assurances that “the process provides a level playing field for all bidders”.
In the press release, Mele Kyari, Group Managing Director of NNPC, restated the Corporation’s oft repeated statement that it was committed to revamping the four Refineries including the Warri Refinery and the Kaduna Refineries.
The NNPC has announced revamps of its refineries, all of them with total input capacity of 445,000BOPD, several times in the last 20 years. It is now self-evident that there haven’t been any revamp in those years.
Last July, Kyari said that the failure to fix the refineries over these years was a strategy problem, as they never knew what they wanted to do with it. He said that the corporation didn’t get the right advisory services and the right strategy to go through with it.
By Foluso Ogunsan, in Ibigwe
The 5,000BOPD Waltersmith Refinery in Ibigwe, has joined the 11,000 BOPD Ogbele Expanded Refinery, also in eastern Nigeria, as two private sector owned functioning refineries in the country.
The Waltersmith Refinery was commissioned by President Buhari on November 24, 2020, speaking virtually to a packed audience including two state governors, a host of traditional rulers, heads of oil and gas regulatory agencies (NNPC, NCDMB), local CEOs of oil majors and independent E&P companies as well as oil service companies.
The latest update from the Department of Petroleum Resources (DPR), the industry regulator, cites the 7,000BOPD OPAC refinery in Kwale, in the country’s Midwest, as Nigeria’s likely third functioning, privately run refinery, having just been completed and awaiting commissioning.
Under construction are two others: The 500,000BOPD Dangote refinery is 71% completed, says the DPR‘s report, and the 6,000BOPD Edo Refinery is also far gone. (It is instructive that, in the DPR’s books, the Dangote Refinery is not listed as a 650,000BPD refinery, as widely described in the media, but as a 500,000BPD facility).
Apart from these five, no other refinery is under construction in the country today, despite the widespread perception in the press that a number of refineries are under construction.
The widely publicized Elko Petrochem & Refining Company is not yet under construction, according to the DPR update.
Nor is the Petrolex Oil and Gas refinery, for which an ‘authority to construct’ (ATC), was granted in December 2018.
There are 16 proposed refineries that have been granted authoritisation to construct, but are not in construction stage.
The facility is the first project in a planned industrial-energy park
Nigeria’s President, Muhammadu Buhari, will commission a 5,000 barrels per day (BPD) modular refinery in Ibigwe, Imo State, in the east of the country on November 24, 2020.
The facility, which will be commissioned under the chairmanship of the Governor of Imo State, Hope Uzodinma, is the first of a three-phase project. It will deliver about 271Million litres of refined petroleum products (Diesel, Kerosene, Heavy Fuel Oil-HFO and Naphtha) per annum.
Promoted by Waltersmith Petroman Oil Limited, operator of the Ibigwe marginal oil field, the project is developed by Waltersmith Refining and Petrochemical Company, a Joint venture (JV) between Waltersmith Petroman Oil Limited (70% equity) and the Nigerian Content Development and Monitoring Board (NCDMB), with 30% equity.
It is also the first project of a planned energy-industrial park. Waltersmith, as of last February, disclosed that it had surveyed 500 hectares of land, out of which it had acquired 65 hectares of land for the park, on which it proposes to build a Power Plant. The company received an electricity generation license from the Nigerian Electricity Regulatory Commission (NERC) in 2017 to develop a 300MW gas fired plant(the Ugamma Gas Power Plant) to be situated in the same energy industrial complex as the refinery and the flow station in the Ibigwe field.
The power plant will utilize processed gas largely from third parties operating gas fields that are within proximity with the Ibigwe field. It will then supply this power to nearby industries as well as industries who come to locate themselves in that industrial park.
Meanwhile, the second phase of the Modular Refinery construction, a 25,000 BPD capacity will be added, while the third phase, another 20,000 BPD, is expected to bring the capacity to 50,000 BPD.
It is expected that President Buhari will be commissioning both the first phase of the refinery and breaking the ground for the 45,000BPD second and third phases of the refinery, planned to deliver about 1.4Billion litres per year of refined petroleum products (Premium Motor Spirit – PMS, Diesel, Kerosene, Aviation Jet Fuel and HFO).
By Ahmed Gafar, Editorial Assistant
Egypt’s state-owned Alexandria Petroleum Company (APC) will receive a quarter of a billion dollars ($250Million) from the European Bank for Reconstruction and Development (EBRD sovereign loan.
The loan is partial financing of the $647Million in water and energy efficiency upgrades at the company’s diesel refinery (Alexander Refinery).
The project will bring operations at the facility in line with European environmental safety standards and reduce emissions, the bank said.
Alexander Refinery, established in 1954, is operated by APC with a crude design capacity of 100,000 BPSD. It typically processes light Western Desert crude oil and heavy Kuwait crude oil. It began life as a small refinery with 250.000 ton/year capacity for satisfying Alexandria city and West Delta area needs from the petroleum products. APC refining capacity increased up to 4.7Million ton/year by executing three crude distillation units No. 2, No. 3 and No. 4 in the years 1963, 1968 and 1982 respectively. In 1979, a solvent production complex started in operation under the license of UOP to produce Hexane, Petroleum Ether, and Petroleum solvents. In 1982, the lube oil complex started in operation with design capacity 100.000 ton/year bright stock oil, based on fuel oil feed from Kuwait crude oil origin and in 1983 the vapour recovery unit started operation to produce Stabilized Gasoline and LPG.
Finally, in 1989, the Hexane and Kerosene complex started with annual production capacity of 22.000 ton / year hexane or 18.000 ton / year of treated Kerosene under the license of IFP, while in 1997 the spent oil re-refining unit started in operation with capacity 30.000 ton/year of spent oil and under the license of KTI. Bitumen blending, oxidation and solidification unit started in operation to produce solid bitumen packages in 25 kg blocks.
The EBRD says: “Raising the quality of fuel produced by the refinery will cut down on greenhouse gases, while the construction of a new wastewater treatment facility aims to lower the risk of seawater pollution and a new energy management system will help to reduce fuel consumption”..