Post on 05-Apr-2018
transcript
7/31/2019 Crude Selection
1/19
Facto
rsEffectingtheS
election
of
C
rudeoil
Choiceo
fcrudeoilfo
rarefineryd
ependson:
Prod
uctmix
Prod
uctquality
Refin
eryconfiguration
Prod
ucttreatmentfacilities
Refin
erydesignspec-Metallurgy,desalteretc
Environmentstipulationforpollutioncontrol
Pipelinedesignfor
inlandrefinerie
s
Propercrudeselectionisnecess
aryforoptim
isation
ofrefine
rymargin.
7/31/2019 Crude Selection
2/19
RefineryConstraints
RefineryConfigu
ration
Refinerymetallurgy
Catalyst
Down-streamtre
atmentfacilities
Pipelinedesignc
onstraints
7/31/2019 Crude Selection
3/19
Opportunity
HighScrudeoil
HighAcidcrudeoils
Beatthemarketbypropers
electionof
crude
Overc
omerefine
rydesignc
onstraintsto
widen
crudebasket
Crude
BlendingFacility
7/31/2019 Crude Selection
4/19
MAJO
RTHRUS
TBYOIL
REFINERY
1Optimisecrudemix
:Higho
rLowsulfur
2Wideningcrudebasket
:Increa
sedNo.ofcrud
es
3Ocean
freightreductio
n
:HigherCargosize
4Demurragecontrol
:Minim
isetankerwaiting
5Invento
rycontrol
:Minpossibleinventory
6Ocean
Lossreduction
:Propercontrols
7ReduceF&L
:Properdesign,operation
7/31/2019 Crude Selection
5/19
Gro
ssproduc
tWortho
fcrudeOil
API
32.4
32.6
32.7
S,wt%
0.079
0.081
0.13
Price,
/MT
Yield
,w
tfrac
tion
GPW
Miri
Widuri
Cabinda
Miri
Widuri
Cabinda
LPG
220
0.9%
0.1%
1.5%
2.0
0.2
3.3
Naphtha
289
6.4%
1.5%
5.0%
18.5
4.3
14.5
MS
298
8.0%
1.6%
5.4%
23.8
4.8
16.1
Kero
290
21.5%
7.7%
13.0%
62.4
22.3
37.7
Gasoil
264
42.5%
51.2%
45.0%
112.2
135.2
118.8
Fueloil
166
12.7%
29.9%
22.1%
21.1
49.6
36.7
Fuel&Loss
8.0%
8.0%
8.0%
To
tal
100.0%
100.0%
100.0%
239.95
216.46
227.03
BPT
7.28
7.28
7.28
GPW
,$/bbl
32.96
29.73
31.19
Freight
1.2
0.75
1
Cru
de
Price
(Ca
lcfor
Ne
tbac
k-Zero
)
31.8
29.0
30.2
Lan
de
dPrice,
$/bb
l
30.51
Gross
Marg
in,$
/bb
l
2.45
7/31/2019 Crude Selection
6/19
ELEM
ENTSOF
IMPORT
EDCRUDE
COST
COST
ELEMENT
%
1FOB
90%
2OCEANFREIGHT
3.9%
3DAUGHTERVESSE
LFREIGHT
0.8%
4INSU
RANCE
0.05%
5OCEANLOSS
0.2%
6PORT
CHARGES
0.08%
7CUST
OMDUTY
5.0%
8DEMURRAGE
0.002%
9ENTR
YTAX
0.09%
TOTA
L
100.0%
7/31/2019 Crude Selection
7/19
Gro
ssproduc
tWortho
fcrudeOil
API
32.4
32.6
32.7
S,wt%
0.079
0.081
0.13
Price,
/MT
Yield
,w
tfrac
tion
GPW
Miri
Widuri
Cabinda
Miri
Widuri
Cabinda
LPG
220
0.9%
0.1%
1.5%
2.0
0.2
3.3
Naphtha
289
6.4%
1.5%
5.0%
18.5
4.3
14.5
MS
298
8.0%
1.6%
5.4%
23.8
4.8
16.1
Kero
290
21.5%
7.7%
13.0%
62.4
22.3
37.7
Gasoil
264
42.5%
51.2%
45.0%
112.2
135.2
118.8
Fueloil
166
12.7%
29.9%
22.1%
21.1
49.6
36.7
Fuel&Loss
8.0%
8.0%
8.0%
To
tal
100.0%
100.0%
100.0%
239.95
216.46
227.03
BPT
7.28
7.28
7.28
GPW
,$/bbl
32.96
29.73
31.19
Freight
1.2
0.75
1
Cru
de
Price
(Ca
lcfor
Ne
tbac
k-Zero
)
31.8
29.0
30.2
Lan
de
dPrice,
$/bb
l
30.51
Gross
Marg
in,$
/bb
l
2.45
7/31/2019 Crude Selection
8/19
Re
fin
ing
39
7/31/2019 Crude Selection
9/19
Yield
Struc
tur
eo
fVario
us
Cru
des
40
7/31/2019 Crude Selection
10/19
TYPICALREFINERYCONFIG
URATION(MATHURAREFINE
RY)
FUELGAS
SULPHUR
LPG
PROPYLENE
NAPTHA
MS
ATF
SK
HSD
LDO
FO
BITUMEN
RFO
HPS
C D U
O
H
C
U
VDU
FCCU
GCU
DHDT
VBU
BBU
STA
BILISER
NSU
CRUDE
CCRU
ARU
SRLPG
MERO
X
SRU
PRU
NAPTHA
CAUS
TIC
WASH
GASOLIN
E
MEROX
SK/AT
F
MERO
X
LPG
MEROX
VBN
MEROX
7/31/2019 Crude Selection
11/19
Oil
Pro
duc
ts&Cu
tPo
ints
42
7/31/2019 Crude Selection
12/19
Products
LP
G
Na
phtha
Pe
trol(BS-II/BSIII)
Ke
rosene
AT
F
Diesel(BS-II/BS-III)
LO
BS
Bitumen
RP
C
Wax
FuelO
il(HighS,LowS)
FuelO
il(HighorlowViscosity)
LSHS
HPS
Petro
chemicalfeeds
tock
L
ABFS
H
PLNaphtha
Petro
chemicals
pX,PTA
L
ABetc
7/31/2019 Crude Selection
13/19
Yie
ldPatternofCrudeOils
Yield,%wt
Basrah
Light
Bombay
High
Arabmix
Kuwait
North
Gujarat
Jodhpur
crude
LPG
Naphtha
Kerosene
Gasoil
VGO
Shortresid
1.012.0
15.0
20.0
36.0
16.0
1.021.0
20.0
27.0
27.04
.0
1.012.0
16.0
20.0
29.0
22.0
2.015.0
18.0
17.0
25.0
23.0
1.05.010.0
21.0
33.0
30.0
-1.013.0
24.0
21.0
41.0
7/31/2019 Crude Selection
14/19
PropertiesofN
aphtha
Characteris
tics
Basrah
Light
Bo
mbay
H
igh
Arab
mix
Kuwait
North
Gujarat
MS
S
pec
Density,gm
/ml
Sulphur,pp
m
RSH,ppm
Octanenum
ber
Aromatics,%wt
0.6
912
175
33-
9.5
0.7
378
L
0.0
1
nil
68.1
25.8
0.6
493
0.0
6
117
53.9-
0.6
958
L
0.0
2
4.847.44.3
0.7
407
L0.0
11
56.8-
-
0
.005
-95
35
7/31/2019 Crude Selection
15/19
Gasoline
Specification
Eur
oI
EuroII
EuroIII
EuroIV
RON
95
95
95
95
Sulphur,Wt%
0.0
5
0.05
0.015
0.005
Benzene%wt
5
5
1
1
Aromatics%wt
-
-
42
35
Olefins,W
t%
-
-
18
-
7/31/2019 Crude Selection
16/19
P
ropertie
sofKero/ATF
Characteristics
OfSK/ATF
from
theCrude:
Basrah
Lt.
MH
Arab
mix
KEC
NG
ATF
Spec
Density,gm/ml
0.783
0.7918
0.7902
0.787
0.7975
-
Smoke,mm
29
21
27
27
28
18
Sulphur,%w
t
0.18
0.02
1.3
0.16
0.13
RSH,ppm
30
nil
8.8
12.9
1