TPK Refinery and Crude distillation unit details of the plant including operating parameters and design
Refinery Unit processesDescrição completa
refinery processFull description
Refinery Unit processesFull description
refinery inspection guideDescription complète
OIL AND GASFull description
Full description
Full description
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Summary Sheet Long Son Refinery Project
Long Son Refinery
Summary Sheet Long Son Refinery Project Main Parameters
Overview
Purpose: To produce LPG; Unleaded Gasoline; Jet-A1; Diesel; FO; Petrochemical products, Sulphur, Asphalt Location: Long Son Petroleum Industrial Zone, Long Son commune, Vung Tau city, Ba Ria - Vung Tau province, Vietnam Owner: Petrovietnam (PVN) Shareholders structure: PVN: 100% Investment type: Joint venture amongst PVN and foreign partners (PVN will hold around 25%) Investment Capital: US$ 8,000 million (rough estimation) Scheduled Start-up: 2018-2025 Capacity: 10 MMTA (200,000 bpsd) Maximum foreign equity ownership: 75%
Economic Efficiency
Under development
Total area of the project site: 810 ha including future expansion
Crude: 100% imported crude
Technology: processing
Products: Petroleum fuels to fulfill the domestic market demand and feedstock for petrochemical industry.
Product specification: minimum equivalent with EURO IV
State-of-the-art
technology
in
deep
Current Status
On-going works
Pre Feasibility Study has been done
Seeking for potential partners who are capable of supplying long term stable crude oil; or rich experiences in building and operating refinery; or
Schedule
financing capability Investment
and construction 2016 -2020 Expected time of commercial operation: 2020. Incentives Competiveness
first year of operation; 5% for the next 9 years; 10%
international seaway transportation for crude import and
for the remaining 17 years
exempt from import tax for immachinery and
favorable fee that applied to other projects in area
equipment imported in the complete production line which are not able to be produced domestically and
Capable to share some common facilities with Southern generation, other utilities and technical services
created fixed assets
Rapidly increased demand of the petroleum products in Vietnam. As officially forecasted, the average growth of fuel consumption in Vietnam up to 2025 shall be 6.7% per annual. Vietnam should import around 11 million tons of petroleum products in 2015 and 13.6 million tons in 2020.
Exemption from VAT for machinery, equipment, material imported in the complete production line
Strongly supported by Vietnamese Government and
which are not able to be produced domestically and
Petrovietnam
Import tariff: exempt from import tax for crude oil;
All utilities are available at fence of the refinery with
Petrochemical Complex such as: marine facility, power
Corporate Income Tax: 0% for 4 years following the
Advantageous in transportation in both domestic and products distribution
Infrastructures and utilities including road, power, water, communication system to the fence of Refenery.
Nearby the biggest petroleum fuel consumption market of Vietnam (southern market) which takes 60% of demand.
created fixed during construction phase
06 months after EPC award, the owners can build up their import, distribution facilities and can distribute the Products based on import products by its own distribution networks, with the volume up to 50% of refinery production, provided that the Project complies with the Government regulations