ZAO BARABINSKY REFINERY
NOVOSIBIRSK -RUSSIAN FEDERATION REPUBLIC OF KAZAKHSTAN
2X70,000 BPD
PAKPAS ENGINEERING AND CONSTRUCTION LTD
20 AUGUST 2017
EXECUTIVE SUMMARY REV-08
This document containing confidential information is property of PAKPAŞ and not be reproduced or used without PAKPAŞ’s written authorization
(1589) 9322.502.545.693.125
ZAO BARABINSKY REFINERY
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 1
ZAO BARABINSKY REFINERY
NOVOSIBIRSK-RUSSIAN FEDERATION
The project is owned 100% by ZAO BARABINSK REFINERY (ООО «НПЗ Барабинский», Россия,
632336, Новосибирская область, Барабинский район, г. Барабинск) registered in Novosibirsk
Oblast of Russian Federation. It is planned to be realized in Kubishievski Region at a distance of 12 kilometers from the Sibirskaya Magestral, an 5 kilometers from Barbarinsk,..
The capacity of the refinery will be 2x70,000 BPD (7’000’000 mTons/year) (Deep Conversion
type).
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1.PROJECT DETAILS
The aim of the Project is to create refinery facilities on the
above said Region. Refinery complex with capacity which allows to process
2 times 70.000 BPD (7,000.000 TPY) of oil.
Refinery will deep conversion type to get maximum yield.
Refinery Place: Novosibirsk-Barabinsky Kubisievsky
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 3
Novosibirsk, the third greatest city of Russia (after Moscow and St. Petersburg), unofficially
called here the capital of Siberia and the Far East.
2.PROJECT
DESCRIPTION
Refinery streams , Feed tanks capacities, Product tank capacities, electric and heat requirements are summarized at above graphic.
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3.REFINERY
CONFIGURATION
3.REFINERY UNITS
FCC-COKING CONFIGURATION IS SELECTED.
3.REFINERY FEED TYPE
CRUDE OIL WILL BE USED IS AND WILL BE FEED TO REFINERY VIA “OAO AK TRANSNEFT PIPE LINE” FROM “YURGASEVERNEFT
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3.REFINERY FEED TYPE
SPECIFICATION AND SIMILAR CRUDE OILS
COMPLETE TEST REPORT IS ATTACHED UNDER EXHIBIT-1 TO THIS SUMMARY.
SWEET LIGHT CRUDE OIL
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3.REFINERY FEED TYPE
FEED CRUDE OIL IS LIGHT AND SWEET WHICH IS:
GRAVITY=API-35 (849,2 KG/M3)
SUPHUR CONTENT= % 0,527
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1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 8
Midstream Is The Conduit Between Upstream and Downstream
3.REFINERY FEED TYPE AND DISTILLATION CUTS
DISTILLATION YIELDS
See: http://nagoormeeranh.blogspot.com/2012/11/cpcl-report-part3.html
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3.REFINERY FEED TYPE AND DISTILLATION CUTS
DISTILLATION YIELDS (barrel/barrel volumetric basis)
Since assay report has not been ordered yet and not received we shall use below simulation yields has been simulated and
calculated by KBC (http://www.kbcat.com/process-simulation-
software/petro-sim-production ). There are 23 separate cases on a barrel/barrel volumetric basis.
We selected below cases and decided tu use Ural Crude since specification of Espo is very similar to it. We belive it is quite
satisfactory to use below figures at this stage for business plan preparation.
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We take (HC+VB)-URALS Mediterranean Yields for OPF (One Page Feasibility)
4.PROJECT AREA
NOVOSIBIRSK REGION-BARABINSK
Novosibirsk (Russian: Новосиби рск; IPA: [nəvəsʲɪˈbʲirsk]) is
the third most
populous city in Russia after Moscow andSt. Petersburg and the
most populous city in Asian Russia, with a population
of 1,473,754 as of the 2010 Census. It is the administrative
center of Novosibirsk Oblast as well as of the Siberian Federal
District. The city is located in the southwestern part of Siberia on
the banks of the Ob River adjacent to the Ob River Valley, near
the large water reservoirformed by the dam of the Novosibirsk
Hydro Power Plant and occupies an area of 502.1 square
kilometers (193.9 sq mi).
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 11
http://www.transsib.ru/Eng/cat-map.htm
http://www.nationsonline.org/oneworld/map/google_map_Novosibirsk.htm
http://www.rome2rio.com/s/Omsk/Novosibirsk
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4.PROJECT AREA
+128 msl
NOVOSIBIRSK REGION BENEFITS:
This 185 hA place was chosen due to the following reasons:
1. Infrastructure is available. 2. Close to Crude Oil Deposits 3. Very close to Barabinski railway station
4. Railway Connection Permission is ready 5. Crude Oil Pipe Line delivery is possible at a distance of
25 km
6. Close to 110 kV High Voltage Overhead line
BARABINSK RAILWAY LOADING STATION (CODE: 833603)
http://localtimes.info/Europe/Russia/
https://youtu.be/TboiZ6GNQww
https://youtu.be/mF2CmzeWZa0
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RUSSIA’S EASTERN PIPE LINE-ESPO (600,000 BPD)
http://www.simdex.com/wp-content/uploads/2014/02/ESPO_Spur_line_-_Russia_China.pdf
Crude oil will be transported to BarabinskRefinery bay rail tankers or espo West Siberian Crude
Oil Pipe Line. Project schedule is given below.
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TYPICAL COKING REFINERY (DEEP CONVERSION) PRINCIPLE FLOW DIAGRAM
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4.BUSINES PLAN
BUSINESS PLAN
Business Plan is available but not issued due to instability of oil prices. It might be edited in a short period and might be submitted when required.
We feel strictly obliged to follow Equator ten principles especially Principle 2,3 and 4 which are:
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5.PRODUCTS
MAJOR PRODUCTS:
Petroleum products are usually grouped into three categories: light distillates
(LPG, gasoline, naphtha), middle distillates (kerosene, diesel), heavy
distillates and residuum (heavy fuel oil, lubricating oils, wax, asphalt). This
classification is based on the way crude oil is distilled and separated into
fractions
Liquefied petroleum gas (LPG)
Gasoline (also known as petrol)
Naphtha
Kerosene and related jet aircraft fuels
Diesel fuel
Fuel oils
Lubricating oils
Paraffin wax
Asphalt and tar
Petroleum coke
Sulfur
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
ASPHALT
A dark-brown-to-black cement-like material containing bitumens as the
predominant constituent obtained by petroleum processing; used primarily for road construction. It includes crude asphalt as well as the following finished
products: cements, fluxes, the asphalt content of emulsions (exclusive of water), and petroleum distillates blended with asphalt to make cutback
asphalts. Note: The conversion factor for asphalt is 5.5 barrels per short ton.
AVIATION GASOLINE BLENDINGCOMPONENTS
Naphthas which will be used for blending or compounding into finished
aviation gasoline (e.g., straight-run gasoline, alkylate, reformate, benzene, toluene, and xylene). Excludes oxygenates (alcohols, ethers), butane, and
pentanes plus. Oxygenates are reported as other hydrocarbons, hydrogen, and oxygenates.
BUTANE
A normally gaseous straight-chain or branch-chain hydrocarbon extracted
from natural gas or refinery gas streams. It includes isobutane and normal butane and is designated in ASTM Specification D1835 and Gas Processors
Association Specifications for commercial butane.
CONVENTIONAL GASOLINE
Finished motor gasoline not included in the oxygenated or reformulated
gasoline categories. Excludes reformulated gasoline blendstock for oxygenate
blending (RBOB) as well as other blendstock.
DISTILLATE FUEL OIL
A general classification for one of the petroleum fractions produced in conventional distillation operations. It includes diesel fuels and fuel oils.
Products known as No. 1, No. 2, and No. 4 diesel fuel are used in on-highway diesel engines, such as those in trucks and automobiles, as well as off-
highway engines, such as those in railroad locomotives and agricultural machinery. Products known as No. 1, No. 2, and No. 4 fuel oils are used
primarily for space heating and electric power generation.
ETHANE
A normally gaseous straight-chain hydrocarbon. It is a colorless paraffinic gas
that boils at a temperature of -127.48º F. It is extracted from natural gas and refinery gas streams.
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
ETYHLENE
An olefinic hydrocarbon recovered from refinery processes or petrochemical
processes.
FINISHED AVIATION GASOLINE
A complex mixture of relatively volatile hydrocarbons with or without small quantities of additives, blended to form a fuel suitable for use in aviation
reciprocating engines. Fuel specifications are provided in ASTM Specification D
910 and Military Specification MIL-G-5572. Note: Data on blending components are not counted in data on finished aviation gasoline.
FINISHED MOTOR GASOLINE
A complex mixture of relatively volatile hydrocarbons with or without small
quantities of additives, blended to form a fuel suitable for use in spark-ignition engines. Motor gasoline, as defined in ASTM Specification D 4814 or
Federal Specification VV-G-1690C, is characterized as having a boiling range
of 122 to 158 degrees Fahrenheit at the 10 percent recovery point to 365 to 374 degrees Fahrenheit at the 90 percent recovery point. Motor Gasoline
includes conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline, but excludes aviation gasoline. Note:
Volumetric data on blending components, such as oxygenates, are not counted in data on finished motor gasoline until the blending components are
blended into the gasoline. ISOBUTANE
A normally gaseous branch-chain hydrocarbon. It is a colorless paraffinic gas that boils at a temperature of 10.9º F. It is extracted from natural gas or
refinery gas streams.
ISOBUTYLENE
An olefinic hydrocarbon recovered from refinery processes or petrochemical
processes.
KEROSENE TYPE JET FUEL
A kerosene-based product having a maximum distillation temperature of 400 degrees Fahrenheit at the 10-percent recovery point and a final maximum
boiling point of 572 degrees Fahrenheit and meeting ASTM Specification D
1655 and Military Specifications MIL-T-5624P and MIL-T-83133D (Grades JP-5 and JP-8). It is used for commercial and military turbojet and turboprop
aircraft engines.
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
KEROSINE
A light petroleum distillate that is used in space heaters, cook stoves, and water heaters and is suitable for use as a light source when burned in wick-
fed lamps. Kerosene has a maximum distillation temperature of 400 degrees Fahrenheit at the 10-percent recovery point, a final boiling point of 572
degrees Fahrenheit, and a minimum flash point of 100 degrees Fahrenheit. Included are No. 1-K and No. 2-K, the two grades recognized by ASTM
Specification D 3699 as well as all other grades of kerosene called range or stove oil, which have properties similar to those of No. 1 fuel oil. See
Kerosene-Type Jet Fuel.
LIQUEFIED PETROLEUM GASES-LPG
A group of hydrocarbon-based gases derived from crude oil refining or nautral
gas fractionation. They include: ethane, ethylene, propane, propylene, normal butane, butylene, isobutane, and isobutylene. For convenience of
transportation, these gases are liquefied through pressurization.
LUBRICANT
Substances used to reduce friction between bearing surfaces or as process
materials either incorporated into other materials used as processing aids in the manufacture of other products, or used as carriers of other materials.
Petroleum lubricants may be produced either from distillates or residues. Lubricants include all grades of lubricating oils from spindle oil to cylinder oil
and those used in greases.
MOTOR GASOLINE BLENDING COMPONENTS
Naphthas (e.g., straight-run gasoline, alkylate, reformate, benzene, toluene,
xylene) used for blending or compounding into finished motor gasoline. These components include reformulated gasoline blendstock for oxygenate blending
(RBOB) but exclude oxygenates (alcohols, ethers), butane, and pentanes plus. Note: Oxygenates are reported as individual components and are
included in the total for other hydrocarbons, hydrogens, and oxygenates.
NAPTHTA
A generic term applied to a petroleum fraction with an approximate boiling range between 122º and 400º F.
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
NATURAL GAS LIQUIDES
Those hydrocarbons in natural gas that are separated from the gas as liquids through the process of absorption, condensation, adsorption, or other
methods in gas processing or cycling plants. Generally such liquids consist of propane and heavier hydrocarbons and are commonly referred to as lease
condensate, natural gasoline, and liquefied petroleum gases. Natural gas liquids include natural gas plant liquids (primarily ethane, propane, butane,
and isobutene; see Natural Gas Plant Liquids) and lease condensate (primarily pentanes produced from natural gas at lease separators and field facilities;
see Lease Condensate).
NORMAL BUTANE
A normally gaseous straight chain hydrocarbon that is a colorless paraffinic
gas which boils at a temperature of 31.1 degrees Fahrenheit.
OPRG
"Oxygenated Fuels Program Reformulated Gasoline" is reformulated gasoline
which is intended for use in an oxygenated fuels program control area during an oxygenated fuels program control period.
OXYGENATES
Substances which, when added to gasoline, increase the amount of oxygen in that gasoline blend. Ethanol, Methyl Tertiary Butyl Ether (MTBE), Ethyl Tertiary Butyl Ether (ETBE), and methanol are common oxygenates. 1-Fuel Ethanol: Blends of up to 10 percent by volume anhydrous ethanol (200 proof) (commonly referred to as the "gasohol waiver").
2-Methanol: Blends of methanol and gasoline-grade tertiary butyl alcohol (GTBA) such that the total oxygen content does not exceed 3.5 percent by
weight and the ratio of methanol to GTBA is less than or equal to 1. It is also
specified that this blended fuel must meet ASTM volatility specifications (commonly referred to as the "ARCO" waiver).
Blends of up to 5.0 percent by volume methanol with a minimum of 2.5 percent by volume cosolvent alcohols having a carbon number of 4 or less
(i.e., ethanol, propanol, butanol, and/or GTBA). The total oxygen must not exceed 3.7 percent by weight, and the blend must meet ASTM volatility
specifications as well as phase separation and alcohol purity specifications (commonly referred to as the "DuPont" waiver).
3-MTBE (Methyl tertiary butyl ether): Blends up to 15.0 percent by
volume MTBE which must meet the ASTM D4814 specifications. Blenders must take precautions that the blends are not used as base gasolines for
other oxygeated blends (commonly referred to as the "Sun" waiver).
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
PROPANE
A normally gaseous straight-chain hydrocarbon. It is a colorless paraffinic gas that boils at a temperature of -43.67o F. It is extracted from natural gas or
refinery gas streams. It includes all products designated in ASTM Specification D1835 and Gas Processors Association Specifications for commercial propane
and HD-5 propane.
PROPYLENE An olefinic hydrocarbon recovered from refinery processes or petrochemical
processes.
REFORMULATED GASOLINE (RFG)
Finished motor gasoline formulated for use in motor vehicles, the composition
and properties of which meet the requirements of the reformulated gasoline regulations promulgated by the U.S. Environmental Protection Agency under
Section 211(k) of the Clean Air Act. This category includes oxygenated fuels program reformulated gasoline (OPRG) but excludes reformulated gasoline
blendstock for oxygenate blending (RBOB).
RBOB
"Reformulated Gasoline Blendstock for Oxygenate Blending" is motor gasoline
blending components intended for blending with oxygenates to produce finished reformulated gasoline.
ROAD OIL
Any heavy petroleum oil, including residual asphaltic oil used as a dust pallative and surface treatment on roads and highways. It is generally
produced in six grades from 0, the most liquid, to 5, the most viscous.
RESIDUAL FUEL OIL
A general classification for the heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter hydrocarbons are
distilled away in refinery operations. It conforms to ASTM Specifications D396 and D975 and Federal Specification VV-F-815C. No. 5, a residual fuel oil of
medium viscosity, is also known as Navy Special and is defined in Military
Specification MIL-F-859E, including Amendment 2 (NATO Symbol F-770). It is used in steam-powered vessels in government service and inshore
powerplants. No. 6 fuel oil includes Bunker C fuel oil and is used for the production of electric power, space heating, vessel bunkering, and various
industrial purposes.
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5.PRODUCTS
DEFINITIONS (ALPHABETICAL ORDER)
SPECIAL NAPTHA
All finished products within the naphtha boiling range that are used as paint
thinners, cleaners, or solvents. These products are refined to a specified flash point. Special naphthas include all commercial hexane and cleaning solvents
conforming to ASTM Specification D1836 and D484, respectively. Naphthas to be blended or marketed as motor gasoline or aviation gasoline, or that are to
be used as petrochemical and synthetic natural gas (SNG) feedstocks are excluded.
STILL GAS
Any form or mixture of gases produced in refineries by distillation, cracking, reforming, and other processes. The principal constituents are methane,
ethane, ethylene, normal butane, butylene, propane, propylene, etc. Still gas is used as a refinery fuel and a petrochemical feedstock. The conversion
factor is 6 million BTU's per fuel oil equivalent barrel.
SULPHUR
A yellowish nonmetallic element, sometimes known as "brimstone." It is
present at various levels of concentration in many fossil fuels.
WAX
A solid or semi-solid material at 77 degrees Fahrenheit consisting of a mixture of hydrocarbons obtained or derived from petroleum fractions, or through a
Fischer-Tropsch type process, in which the straight-chained paraffin series
predominates. This includes all marketable wax, whether crude or refined, with a congealing point (ASTM D 938) between 80 (or 85) and 240 degrees
Fahrenheit and a maximum oil content (ASTM D 3235) of 50 weight percent.
http://www.eia.gov/dnav/pet/tbldefs/pet_cons_psup_tbldef2.asp
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6.COMPETITORS
RUSSIAN REFINERIES
Russia- EUROPE
Refineries with capacity more than 20,000 bbl/d (3,200 m3/d)
Syzran Refinery (Rosneft), 213,400 bbl/d (33,930 m3/d)
Novokuibyshevsk Refinery (Rosneft), 191,500 bbl/d (30,450 m3/d)
Kuibyshev Oil Refinery (Rosneft), 139,800 bbl/d (22,230 m3/d)
Salavatnefteorgsintez Refinery (Gazprom, Salavat), 250,000 bbl/d
(40,000 m3/d)
Volgograd Refinery (LUKOIL), 193,000 bbl/d (30,700 m3/d)
Ukhta Refinery (LUKOIL), 72,000 bbl/d (11,400 m3/d)
Perm Refinery (LUKOIL), 235,000 bbl/d (37,400 m3/d)
NORSI-oil (LUKOIL, Kstovo), 292,000 bbl/d (46,400 m3/d)
Ryazan Refinery (Rosneft), 253,000 bbl/d (40,200 m3/d)
Orsk Refinery (Russneft), 159,000 bbl/d (25,300 m3/d)
Chernigov Refinery (ZAO "Chernigovskiy Npz"), 159,000 bbl/d
(25,300 m3/d)
Saratov Refinery (Rosneft), 108,000 bbl/d (17,200 m3/d)
Moscow Refinery (Gazprom Neft/Central Fuel Company/Tatneft),
213,000 bbl/d (33,900 m3/d)
Kirishi Refinery (Surgutneftegas), 337,000 bbl/d (53,600 m3/d)
YaNOS Yaroslavl Refinery (Slavneft), 132,000 bbl/d (21,000 m3/d)
Krasnodar Refinery (Russneft), 58,000 bbl/d (9,200 m3/d)
Tuapse Refinery (Rosneft), 85,000 bbl/d (13,500 m3/d)
Nizhnekamsk Refinery (TAIF), 14,000 bbl/d (2,200 m3/d)
Krasnoleninsky Refinery (KNPZ KRASNOLENINSKY REFINERY),
210,400 bbl/d (33,450 m3/d)
Ufa Refinery (Bashneft), 190,000 bbl/d (30,000 m3/d)
Novo-Ufa Refinery (Bashneft), 380,000 bbl/d (60,000 m3/d)
Ufaneftekhim Refinery (Bashneft), 250,000 bbl/d (40,000 m3/d)
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6.COMPETITORS
RUSSIA-Asia
Achinsk Refinery (Rosneft), 131,000 bbl/d (20,800 m3/d)
Angarsk Petrochemical Refinery (Rosneft), 384,000 bbl/d
(61,100 m3/d)
Khabarovsk Refinery (Alliance), 85,000 bbl/d (13,500 m3/d)
Komsomolsk Refinery (Rosneft), 120,000 bbl/d (19,000 m3/d)
Nizhnevartovsk Refinery (Rosneft), 25,100 bbl/d (3,990 m3/d)
Omsk Refinery (Gazprom Neft), 380,000 bbl/d (60,000 m3/d)
Russia in Europe and Asia
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RUSSIAN REFINING
PART-1
PART-2
http://www.energyglobal.com/downstream/special-reports/03082015/Russian-refining-part-two-1210/ (FUEL Q1UALITY AND TAX POLICIES)
PART-3
http://www.energyglobal.com/downstream/special-reports/04082015/Russian-refining-part-
three-1222/ (COMPANIES AND CAPACITIES)
PART-4
http://www.energyglobal.com/downstream/special-reports/05082015/Russian-refining-part-four-1230/ (COMPANIES AND CAPACITIES CONTINUATION)
PART-5
http://www.energyglobal.com/downstream/special-reports/05082015/Russian-refining-part-
four-1230/ (COMPANIES AND CAPACITIES CONTINUATION)
PART-6
http://www.energyglobal.com/downstream/special-reports/07082015/Russian-refining-part-
six-1244/ (CONCLUSION)
ROSNEFT
www.rosneft.ru
Achinsk Refinery, 131,000 bpd
Angarsk Petrochemical Refinery, 384,000 bpd Komsomolsk Refinery, 120,000 bpd
Kuibyshev Oil Refinery, 139,800 bpd Nizhnevartovsk Refinery, 90,000 bpd
Novokuibyshevsk Refinery, 191,500 bpd Ryazan Refinery, 340,000 bpd
Saratov Refinery, 140,000 bpd
Syzran Refinery, 213,400 bpd Tuapse Refinery, 85,000 bpd
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 26
BASHNEFT
www.bashneft.ru
Novo-Ufa Refinery, (Bashneft), 380,000 bpd
Salavatnefteorgsintez Refinery, (Bashneft), 250,000 bpd Ufa Refinery, (Bashneft), 190,000 bpd
Ufaneftekhim Refinery, (Bashneft), 250,000 bpd
LUKOIL
www.lukoil.com
Nizhny Novgorod Refinery, (LUKOIL), 340,000 bpd Perm Refinery, (LUKOIL), 235,000 bpd
Ukhta Refinery, (LUKOIL), 72,000 bpd Volgograd Refinery, (LUKOIL), 193,000 bpd
GAZPROMNEFT
www.gazprom-neft.ru
Astrakhan Refinery, (Gazprom Neft), 66,000 bpd Moscow Refinery, (Gazprom Neft/Central Fuel Company),
213,000 bpd Omsk Refinery, (Gazprom Neft), 380,000 bpd
Salavat Refinery
OTHER REFINERIES
Afipsky Refinery, 72,000 bpd Antipinsky Refinery
Khabarovsk Refinery, (Aliance), 85,000 bpd Kirishi Refinery, (Surgutneftegas), 337,000 bpd
Krasnodar Refinery, (Russneft), 58,000 bpd Mari-El Refinery,
Nizhnekamsk Refinery, (TAIF), 140,00 bpd
Orsk Refinery, (Russneft), 159,000 bpd Taneco Nizhnekamsk Refinery
Yaroslavl Mendeleyev Refinery, 10,000 bpd Yanos Yaroslavl Refinery, (Slavneft), 132,000 bpd
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WEST SIBERIA
Novosibirsk (Russian: Новосиби рск) is the third most
populous city in Russia after Moscow andSt. Petersburg and the most populous city in Asian Russia, with a population of 1,473,754 as of the 2010 Census.[12] It is the administrative center of Novosibirsk Oblast as
well as of the Siberian Federal District. The city is located in the part of Siberia on the banks of the Ob River adjacent to the Ob River Valley, near the large water reservoirformed by the dam of the Novosibirsk
Hydro Power Plant, and occupies an area of 502.1 square kilometers (193.9 sq mi).
https://en.wikipedia.org/wiki/Novosibirsk
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7.ASSUMPTIONS
DELOITTE RUSSIA TAX GUIDE
https://dits.deloitte.com/#TaxGuides
http://www.meglobaloil.org/DELOITTE.TAX.pdf
http://nefttehstroy.ru/?MenuPage=maps_of_pipelines
http://nefttehstroy.ru/?MenuPage=production
DAILY OIL PRICES
http://www.bloomberg.com/energy
http://www.oil-price.net/
http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 29
http://nge.ru/main_engl.htm
http://www.nge.ru/popular_average.htm
http://wtrg.com/
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 30
Refinery GATE PRICE’s has been taken from NGE-RU and a sample page is given below for the date OPF1 has been calculated.
http://nge.ru/main_engl.htm
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 31
EXPORT DUTY AND FEES Starting in December 2009, to coincide with the start of ESPO, exports of crude produced at new fields in
east Siberia were exempted from Russian export duty as the government sought to encourage companies
to invest in the development of the new, oil-rich but remote province which requires massive spending on infrastructure.
The zero rate was applied to crude with a density of between 694.7-872.4 kg/cubic meters at 20 degrees Celsius (equivalent approximately to API gravity of 30-70 at 15.5 degrees Celsius) and with a sulfur
content of between 0.1% and 1%, according to the document signed by Russian Prime Minister Vladimir Putin, easily covering the typical specifications ESPO blend. A total of 22 separate fields in east Siberia
were eligible for the zero rate, including Vankor, Yurubcheno-Tokhomskoye, Talakan (including the East Block),Alinskoye, Srednebotuobinskoye, ulisminskoye,Verkhnechonskoye, Kuyumbinskoye, North Talakan,
East Alinskoye, Verkhnepeleduyskoye, Pilyudinskoye, and Stanakhskoye. The fields, most of which are not
currently in production, are owned by several entities including Rosneft, Surgutneftegaz, TNK-BP and Gazprom Neft, and all are destined to feed the ESPO pipeline. Currently only six of the fields are
operational: Vankor (Rosneft), Verkhnechonskoye (TNK-BP and Rosneft), Dulisminskoye (TNK-BP), Alinskoye (Surgutneftegaz), Talakan (Surgutneftegaz) and Yaraktinskoe (Irkutsk Oil). Crude oil from these
six currently constitutes the ESPO blend and determines the quality of the crude, which could change in the future as oil from other fields joins the system. Russia’s finance ministry pushed the government to lift
the tax exemption or at least impose a reduced export duty for east Siberian crude and an export duty of $69.90/mt or $9.50/b was introduced from July 1, 2010, equivalent at the time to 28% of the duty levied
on Urals, Russia’s main export crude oil blend. Since then, the export duty for ESPO blend has been
revised on a monthly basis and in February 2011 the ESPO duty was set at $137.60/mt or $18.72/b, equivalent to 40% of Urals duty. According to the latest finance ministry data, the ESPO export duty is
likely to be fixed between $149/mt and $150/mt, or $20.41/b and $20.54/b in March 2011. Over the next few years the export duty on eastern Siberian crude is expected to reflect normal
Russiancrude oil export duty levels although the timing of the eligibility for the reduced rate of export duty is expected to differ for each field.
On September 16, 2010, the finance ministry said the reduced rate of export duty paid on crude oil from Rosneft’s Vankor oil field (the largest field contributing to ESPO), which produced 12.7 million mt (255,000
b/d) in 2010 and is expected to produce around 15 million mt (300,000 b/d) in 2011, may be extended to
2014 following a request from Prime Minister Vladimir Putin. No declarative announcement has yet followed.
Russia’s Federal Tariffs Service, which sets the tariffs for crude transportation charged by Transneft, approved a through transportation fee for crude deliveries via the new export oil pipeline across east
Siberia towards the Pacific Ocean in December 2009. The fee was initially set at Rb 1,598/mt ($52.68/mt or $7.21/b). It was revised from August 1, 2010 to Rb 1,651/mt ($54.59/mt or $7.47/b) and again from
December 1, 2010 to Rb 1,815/mt ($60.01/mt or $8.21/b). The fee includes services for crude deliveries via the pipeline, by railroad, and for crude re-loading at terminals including at Kozmino for onward export.
The same through transportation fee is fixed for crude deliveries via the ESPO pipeline to China.
During project stage system will be correlated under seven different alternative based of real market
figures. At this stage only one scenario assumed and system simulated only for as all production is sold to local market.
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 32
YIELDS AND OIL PRICES ARE TEMPORARY
7.YEARLY AVERAGE SALE
MAIN-STANDARD ALTERNATIVE (PRELIMINARY)
Oil prices fluctuating too much.
Number of working days of Refinery is accepted to be 337.
Prices average Russian Refineries day gate prices of this date and not including VAT.
Have to be revised before a decision made.
1589-ZAO BARABAINSKI REFINERY EXECUTIVE SUMMARY REV-08 (08202017) Page 33
9.Crude Oil Supply,
Barabinsk Refinery has two years
Crude Oil Purchase Contract.
Refinery Gate cost of crude oil will be Platts-US$25 on the day of
purchasing
21 days crude storage tanks will be furnished. Product tanks will also have same capacity for each product.
10. Investment expenses,
including the project funding (own means, loaned means, support)
Total Investment expenses including catalyst and all
other oils, spare part etc is US$ 350 mio. Will be recalculated before entering investment.
Nelson Complexity has been accepted 1,50
