Ministry of Petroleum. Ministry of Petroleum

Transcription

1 Ministry of Petroleum 1

2 List of Projects Ministry of Petroleum No Name of Project Governorate 1 Formaldehyde and Derivatives Project Kafr Al-Sheikh 2 Bio-Ethanol from Rice Straw Kafr Al-Sheikh 3 Petro-refinery (4 th Generation) Suez 4 Downstream Clusters Benisuef, Suez, Behera, Port said and Ismailia 2

3 1- Formaldehyde and Derivatives Project Main Data: Project Name: Formaldehyde and Derivatives Project Description: The project produces 70 KTA formaldehyde and its derivatives depending on utilizing 40 KTA of methanol produced locally by E-Methanex instead of export - for the production of value added products to satisfy local demands and export the surplus. Project Objective: The production of petrochemical products with high added value instead of import to satisfy the local market needs and export the surplus. Competitiveness: The complex has a high integration between its production units, giving it a competitive advantage over other projects, In addition to the high market demand for the project products locally and internationally. Authority responsible for the project: Egyptian Petrochemicals Holding Co.(Echem) under Ministry of Petroleum supervision. 3

4 1- Formaldehyde and Derivatives Project Market Analysis: Supply and demand: The project produces different products that differ in their market analysis. Egypt, North Africa, WE and East Asian Countries are the most countries and regions where demand increases. Local and global Targeted Markets: Egypt, North Africa, Western Europe and East Asian countries. 4

5 1- Formaldehyde and Derivatives Project Project Plan: Objectives: Contacting the expected investors and signing a Non Disclosure Agreement and Memorandum of Understanding. Formation of steering committee for the project management till company establishment and nomination of a task force team from different parties. Prepare a preliminary/bankable feasibility study and environmental impact assessment to start the licensor selection phase. Prepare and sign the related contracts between the project company and Echem. Prepare and sign the project finance agreements between the project company and national and international banks consequently, the EPC contractor phase will start. Bidding for EPC contractor selection to start the project execution. Dates: Expected start up date Q Environment influence: Complied with the local and international environmental regulations & laws 5

6 1- Formaldehyde and Derivatives Project Finance: Cost hierarchy /sources of Finance: Non recourse project finance via local & international banks & financial institutions. Investment data: Assumed investment cost: USD 50 Million Return on investment rate:15% Pay back return:10 years 6

7 1- Formaldehyde and Derivatives Project Location of Project: Motobus Location Description: Motobus industrial zone in Kafr El-Sheikh,distance from Alexandria is 60 Km and from Damietta is 6 Km. Governorate: Kafr El-Sheikh Authority responsible of the land: Egyptian Petrochemicals Holding Co.(Echem) Project Launching Mechanism: Currently, promoting for the project to Egyptian and foreign investors in addition to different banks and financial institutions. Availability of Infrastructure: Land shall be prepared for project execution Prefeasibility study Currently, The selection of international consultant to prepare the detailed feasibility study is undergoing. 7

8 2- Bio-Ethanol from Rice Straw Main Data: Project Name:Bio-Ethanol from Rice Straw Project Description: The project produces 50 KTA of Bio-ethanol from rice straw and agriculture wastes with a quantity amounts 600 KTA instead of burning it. There is a new international technologies to convert agricultural wastes to bio ethanol then petrochemicals products such as ethylene and its derivatives which raise the bio ethanol added value. Project Objective: The project aims to produce Bio-ethanol then ethylene from rice straw and agriculture wastes to increase Bio-ethanol value added in addition to overcome the Egypt s black cloud. Competitiveness: A new international technology will be used to convert wastes that pollute the environment into valuable products consequently, overcoming the Egypt s seasonal black cloud. Authority responsible for the project: Egyptian Petrochemicals Holding Co. (Echem) under Ministry of Petroleum supervision. 8

9 2- Bio-Ethanol from Rice Straw Market Analysis: Supply and demand: The project produces different petrochemical products that differ in their market analysis (supply and demand). The market increases in Egypt, Western Europe and Asian Countries. 9

10 2- Bio-Ethanol from Rice Straw Project Plan: Objectives:1-Preparation of co-operation protocols with the concerned Ministries for project implementation. The project is considered as one of the national projects. 2- Prepare a survey for quantities and availability of feedstock. 3- Signing a Non Disclosure Agreement and Memorandum of Understanding with investors. 3- Formation of steering committee for the project management till company establishment and nomination of a task force team from different parties. 4- Prepare a preliminary/bankable feasibility study and environmental impact assessment to start licensor selection phase. 5- Prepare and sign all the related contracts between the project company and Echem. 6- Prepare and sign the project finance agreement between the project company and the national and int. banks consequently the EPC contractor phase will start. 7- Bidding for EPC contractor selection to start the project execution. Dates: Expected start up date 2016 Environment influence: Complied with the local and international environmental regulations & laws 10

11 2- Bio-Ethanol from Rice Straw Finance: Cost hierarchy /sources of Finance: Non recourse project finance via local & international banks & financial institutes Investment data: Assumed investment cost: USD 200 Million Return on investment rate: 16% Pay back return: 8 years 11

12 2- Bio-Ethanol from Rice Straw Location of Project: Motobus Location Description: Motobus industrial zone in Kafr El-Sheikh,distance from Alexandria is 60 Km and from Damietta is 6 Km. Governorate: Kafr El-Sheikh Authority responsible of the land: Egyptian Petrochemicals Holding Co. (Echem) Project Launching Mechanism: Promoting for the project to investors in addition to different banks and financial institutions. Availability of Infrastructure: Land shall be prepared for project execution Prefeasibility study:) Available or not Available) Prefeasibility study for the project was prepared. 12

13 3- Petro-refinery Complex Main Data: Project Name: Petro-refinery Complex (4 th Generation). Project Description: Implementation of crude oil refinery integrated with petrochemicals complex depending on thousands barrels per day of imported crude from the Arabian Gulf countries. The crude oil will be refined to produce several petroleum products such as LPG,naphtha,kerosene, gas oil and coke. Some of these products will be utilized for the production of petrochemical products such as polyethylene, polypropylene, para xylene and benzene. Project Objective: Production of various petroleum and petrochemical products to satisfy the local demands of these products and export the surplus. Competitiveness: The complex has a high integration between its production units, giving it a competitive advantage over other projects, In addition to the high market demand for the project products locally and internationally. Authority responsible for the project: Egyptian Petrochemicals Holding Co. (Echem) under Ministry of Petroleum supervision. 13

14 3- Petro-refinery Complex Market Analysis: Supply and demand: This project produces a lot of petroleum products that are in demand in Egypt. In addition to production of petrochemical products that have markets locally and internationally. Local and global Targeted Markets: Egypt, Europe and Eastern Asian Countries 14

15 3- Petro-refinery Complex Project Plan: Objectives:1- Contacting the expected investors and signing a Non Disclosure Agreement and Memorandum of Understanding. 2- Formation of steering committee for the project management till company establishment and nomination of a task force team from different parties. 3- Preparation of draft crude oil supply term sheet. 4- Prepare a preliminary/bankable feasibility study and environmental impact assessment to start licensor selection phase. 5- Prepare and sign all the related contracts between the project company and Echem. 6- Prepare and sign the project finance agreement between the project company and the national and international banks consequently the EPC contractor phase will start. 7- Bidding for EPC contractor selection to start the project execution. Dates: expected start up date 2019 Environment influence: Complied with the local and international environmental regulations & laws. 15

16 Finance: Ministry of Petroleum Cost hierarchy /sources of Finance: Non recourse project finance via local & international banks & financial institutions. Investment data: 3- Petro-refinery Complex Assumed investment cost: USD 8-9 Billion Location of Project: Location Description: Industrial zone at Ain Sokhna Governorate: Suez Project Launching Mechanism: Currently, project is developed with number of strategic investors in addition to different banks and financial institutions. Availability of Infrastructure: Part of infrastructure is available for project execution Prefeasibility study:) Available or not Available): Internal Prefeasibility study for the project is under preparation. 16

17 4- Petrochemicals Downstream Clusters Main Data: Project Name: Petrochemicals Downstream Clusters Project Description: Establishment of down stream clusters for the production of final finished petrochemical products depending on utilizing the basic petrochemicals produced locally from petrochemical master plan phase one projects. The proposed clusters will include: Plastic Packaging Cluster, Construction Cluster and Automotive Cluster. Project Objective: Utilizing the basic petrochemicals produced from petrochemical master plan phase one projects to produce value added final petrochemical products. Competitiveness: The cluster has a high integration between its production units. In addition to the availing of job opportunities for small investors. The presence of high market demand for the cluster products. Authority responsible for the project: Coordination between Egyptian Petrochemicals Holding Co. (Echem), General Authority for Investment (GAFI) and concerned parties. 17

18 4- Petrochemicals Downstream Clusters Market Analysis: Supply and demand: This project produces several final petrochemical products where demand is increasing due to the population growth and standard of living. Local and global Targeted Markets: Local companies that consume the clusters products. Globally: Africa and Europe markets 18

19 4- Petrochemicals Downstream Clusters Project Plan: Objectives: 1. Co- ordination with the concerned ministers for the project development and execution. 2. Signing co-operation protocols with different governorates for project execution. 3. Formation of steering committee for the project management till company establishment and nomination of a task force team from different parties. 4. Establish project company. Dates: Execution start-up by Environment influence: Complied with the local and international environmental regulations & laws. 19

20 4- Petrochemicals Downstream Clusters Finance: Cost hierarchy /sources of Finance: Non recourse project finance via local & international banks & financial institutes. Location of Project: Location Description: A number of industrial zones in different governorates Governorate: Benisuef, Suez, Behera, Port said and Ismailia. Authority responsible of the land: according to the selected governorate Project Launching Mechanism: Project will be promoted to numbers of small investors. Availability of Infrastructure: Co-ordination with the concerned governorates is undergoing. 20