Egypt oil Downstream. Chemist: Amr Mostafa Kamel EGPC Deputy CEO For Operations

Transcription

1 Egypt oil Downstream Chemist: Amr Mostafa Kamel EGPC Deputy CEO For Operations 1

2 Contents Overview Egypt s Downstream Infrastructure Refining & Processing Companies Transportation & Distribution Companies Retail Outlets Ports Oil Refining Sector Challenges EGPC Policy to Overcome These Challenges Refineries upgrade, on-going & planned projects The Impact of The New Projects on market. Conclusion 2

3 Overview 3

4 Overview Egypt is the largest Non-OPEC oil producer & oil refining capacity in Africa. Egypt is the largest petroleum products consumer in Africa, (20% of the total consumption BP Statistical 2014 ). The refined crude oil declined by 16% from 2009 to Population growth, energy subsidies and the sustainable development contribute the rapid growth of oil consumption. 4

5 Overview Egyptian Oil & Gas Sector Organization Petroleum Ministry Egyptian General Petroleum Corporation Egyptian Natural Gas Holding Company Egyptian Petrochemical Holding Company Ganob El-Wadi Petroleum Holding Company Egyptian Mineral Resources Authority EGPC EGAS ECHEM GANOPE EMRA 5

6 Overview EGPC Main Activities Upstream Agreements Exploration Production Downstream Refining & Processing Supply & Distribution Trading 6

7 EGPC Downstream Infrastructure

8 EGPC Downstream Infrastructure ( Refining & Processing companies) EGPC Downstream Infrastructure Activity base Refining & Processing Transportation & Distribution Retail Outlets Egyptian Petroleum Ports

9 EGPC Downstream Infrastructure ( Refining & Processing companies) Refining companies APC APRC CORC SOPC NPC ASORC Midor Processing companies ANRPC AMOC ELAB ASPPC ACPA Locations 9

10 EGPC Downstream Infrastructure ( Refining & Processing companies) 7 Egyptian Refineries Capacities (Unit:MMTY) Refinery Design Capacity Operating Capacity 2014 / 2015 Midor APC APRC CORC SOPC NPC ASORC Total

11 EGPC Downstream Infrastructure (Distribution & supply companies( Distribution & supply companies CO-OP Misr Nile Pet. wataneya Total Egypt Misr Emirates Taqa Libya Oil Petromin Exxon Mobile Transportation companies PPC SUMED ALTUBE Arrows 12

12 EGPC Downstream Infrastructure (Distribution & supply companies) Pipelines transportation network is around 5700 KM covering Egypt to: transport Crude from ports and production fields to the refineries transport petroleum products from both refineries and ports to the consuming areas 3

13 EGPC Downstream Infrastructure (Retail Outlet) Total Number of Stations 3387 International & Regional 835 (25%) National 2552 (75%) 23

14 EGPC Downstream Infrastructure (Ports) Mediterranean sea. El Dekhila El Hamra Alex. Port SUMED-Sidi Kerir Red Sea SUMED-El Sukhna Petroleum Basin- NPC Suez Sadat Wadi Feiran Ras Shukair 2/18/

15 Oil refining sector challenges 2/18/

16 Oil Refining Sector Challenges EGPC main target is to secure the local demand of the petroleum products in spite of the following challenges: Continuous decrease in oil production while increase in population. Limited Logistics (Piping and Storage Capacity). Some of our Refineries need revamping and Upgrading. Electricity sector still depends mainly on oil and gas as fuel for generating electricity. Energy subsidies. 2/18/

17 EGPC policy to Overcome Challenges 2/18/

18 EGPC policy to Overcome these Challenges 1. Upgrading and increasing the refining capacities to satisfy the growing local demand. 2. Expanding and upgrading Pipelines Networks to enhance Crude Oil & Products maneuvering. 3. Increasing products terminal & storage capacities all over the country. 4. Increasing the number of Retail Outlets. 5. Encouraging Private Sector Participation.

19 1 ST Policy Actions Upgrading and increasing the refining capacities to cover the growing local demand. 2/18/

20 1 st Policy Actions. - Maximize the operating capacity of the refineries through implementing the new projects and upgrading the existing. - Importing and swapping suitable crudes for refineries to increase light and Middle Distillates against fuel oil Production resulted in: - LPG production increase by 0.5%. - 8 Excess cargos of SR Naphtha over the annual plan cargos of H-naphtha annually. - Middle Dist. Production increase By 4.1%.

21 1 st (Policy Actions) Rent the Surplus Refining Capacity for Others to Process Crude Oils against a suitable fee. Upgrading the Refineries Units to Sustain the operation Efficiency and to satisfy the new projects requirements. Stick to refineries planned maintenance programs to avoid any operations upsets to keep higher operations efficiency.

22 2 nd Policy actions Expanding and upgrading Pipelines Networks to enhance Crude Oil & Products maneuvering. 2/18/

23 2 nd Policy Actions Eldekhila Midor PPC (ALEX) pipeline (14km/20 ) to Increase the imported middle distillate capacity. Beni Swaif Elmenia pipeline duplication (143km/16 ) Increasing transportation capacity specially for diesel to fulfill local market & electricity stations needs in upper Egypt. Constructing new LPG pipeline from Assiut to Sohag (110 km/10 ) to facilitate the transportation to cover the incremental of consumption.

24 3 rd Policy Actions Increasing products terminal & storage capacities all over the country. 2/18/

25 3 rd Policy Actions Wadi- Firan port : upgrading platform-2 to receive LPG cargos ( up to 45 kton) & diesel cargos. ALEX port : upgrading the port to accept cargos berthing & un-berthing along 24 hours. SUMED- Elsukhna port : modify port facilities to be able to receive diesel cargos. Eldekhila port: upgrading the port facilities to receive LPG cargos.

26 3 rd Policy Actions Increase the LPG storage capacity by 18 Kton all over the country securing the strategic storage to be (14) days instead of (10) days. Increasing the blending storage capacity of gasoline by 48 Kton securing the strategic storage to be (21) instead of (15) days. Increasing the storage capacity of diesel by 170 Kton securing the strategic storage to be (14) instead of to (8) days. Increasing the storage capacity of crude oil by 225 Kton securing the strategic storage to be (16) instead of (13) days.

27 4 th Policy actions Increasing number of Retail Outlets. 2/18/

28 4 th Policy actions Increasing number of Retail Outlets From 2970 to 3370 Stations at 2015 ( 13 % ). Review & Upgrade service stations instructions. Upgrading & Increasing the petroleum products transportation fleets.

29 Refineries upgrade (planned & on-going projects) 2/18/

30 On-going Projects 2/18/

31 1- Egyptian Refining Company (ERC) - Cairo Description Objective Feed HCU COKER CCR NHT DHT SRU Secure the demand of Gasoline & Middle Distillates 4.0 MMTY Straight Run Fuel Oil & 1.2 MMTY Crude Oil LPG 145 KMTY Jet 710 KMTY Gasoline KMTY Coke 485 KMTY Gasoil 2565 KMTY Sulfur 115 KMTY Start Up 2017 Investment 3.7 Billion $ (secured)

32 2 - MIDOR Extension 3.0 MMTY - Alexandria Description Objective New CDU & Upgrading other units Secure the demand of Gasoline & Middle Distillates Feed 8.0 MMTY Crude oil LPG 280 KMTY Gasoline KMTY Jet 2227 KMTY Gasoil 2771 KMTY Coke 571 KMTY Sulfur 138 KMTY Start Up 2019 Investment 1.4 Billion $ (secured)

33 3. CCR ( ANRPC) - Alexandria Description New CCR ( 600 KMTY) & Blended Naphtha facilities Objective Secure the demand of Gasoline grades Feed 600 KMTY Straight run Naphtha LPG 10 KMTY Gasoline KMTY Hydrogen 30 KMTY Start Up 2018 Investment 294 Million $ (secured)

34 4. VRU (ASORC)- Assiut Description Objective VRU Secure the demand of LPG Feed 400 KMTY LN & Gases LPG 40 KMTY Stabilized Naphtha 350 KMTY Start Up 2017 Investment 25 Million $ (secured)

35 5. CCR & PENEX (ASORC) Assiut Description NHT, PENEX, CCR (660 KMTY) & Blended Naphtha Objective Secure the demand of Gasoline grades to upper Egypt Feed 660 KMTY Straight run Naphtha LPG 13 KMTY Gasoline 822 KMTY Start Up 2018 Investment 250 Million $ )Secured)

36 6. Hydrocracking Complex (ASORC) - Assiut Description Objective HCU- COKER -DHT-SRU Secure the demand of Gas oil to upper Egypt Feed 2.3 MMTY Straight Run Fuel Oil LPG 100 KMTY Naphtha 350 KMTY Gasoil 2750 KMTY Coke 340 KMTY Sulfur 75 KMTY Start Up 2020 Investment 1.7 Billion $ )Secured)

37 7. Bitumen unit (SOPC) Suez Description VDU (720 KMTY) Objective Secure the demand of Bitumen Feed 720 KMTY Straight Run Fuel Oil Bitumen 390 KMTY VGO 320 KMTY Start Up 2017 Investment 50 Million $ (Secured)

38 8. VRU (SOPC) Suez Description VRU (200 KMTY) Objective Secure the demand of LPG Feed 200 KMTY LN & Gases LPG 45 KMTY Stabilized Naphtha 85 KMTY Start Up 2017 Investment 22 Million $ )Secured)

39 Planned Projects 2/18/

40 1. Lube Oil Complex (AMOC ) - Alexandria Description Lube oil complex Objective Secure the demand of Bright stock Feed 570 KMTY Vacuum residue (VR) Bright stock 90 KMTY Micro wax 35 KMTY Bitumen 350 KMTY Start Up Study Phase Investment Million $

41 2. Atm. Distillation unit (APRC) Alexandria Description Objective CDU Secure the Feedstock of New Projects in ANRPC, AMOC & ELAB Feed 5 MMTY Crude Oil LPG 120 KMTY Naphtha 1300 KMTY Jet 900 KMTY Gas Oil 1000 KMTY Fuel oil 1500 KMTY Start Up Study Phase Investment 250 Million $

42 Transportation Projects Project Situation Execution Period (year) Estimated Investment Cost($ MM) Tebeen - Helwan Fuel Oil pipeline 83 km /16" Ongoing 3 30 Sokhna -Hafayer- Wadi Hagul Crude Oil pipeline 41 km / 30" Ongoing 3 32 Assiut - Sohag LPG pipeline 110 km / 10 " Ongoing 3 36 Sukhna -Tebeen Fuel Oil /Gas Oil pipeline 110 km /24" Under technical study Duplication Shoker -Assiut LPG pipeline 70 km / 10" Proposed 3 38 Sohag-Aswan Product Pipeline 500 km / 14" Proposed 3 201

43 Impact of new projects on market 2/18/

44 4.5 Production Vs. Consumption for LPG Unit : MMTY Production Vs Consumption for LPG Unit : MMTY / / / / / / /2020 Production After New Projects Production Before New Projects Consumption 0.0 Unit : MMTY Surplus & Shortage for LPG 2015/ / / / / / / Surplus/ Shortage

45 Unit : MMTY 4.4 Production Vs Consumption for Gasoline Production Vs Consumption for Gasoline / / / / / / /2020 Production After New Projects Production Before New Projects Consumption Unit : MMTY Surplus & Shortage for Gasoline / / / / / / / Surplus/ Shortage

46 Unit : MMTY Production Vs. Consumption for Jet Fuel Unit : MMTY Production Vs Consumption for Jet Fuel / / / / / / /2020 Production After New Projects Production Before New Projects Consumption Unit : MMTY Surplus & Shortage for Jet Fuel / / / / / / /2020 Surplus/ Shortage

47 Unit : MMTY Production Vs. Consumption for Gas oil Unit : MMTY Production Vs Consumption for Gas Oil / / / / / / /2020 Production After New Projects Production Before New Projects Consumption Unit : MMTY Surplus & Shortage for Gas Oil 2015/ / / / / / / Surplus/ Shortage

48 Egypt s Petroleum products balance & Products Production Consumption Import LPG Gasoline Gas oil Refining Capacity 26 MMT EGYPT's Petroleum products balance ( ) Products Production Consumption Import LPG Gasoline Gas oil Refining Capacity 39 MMT EGYPT's Petroleum products balance ( ) This impact is done by: Increasing the Refining Capacity by 10 MMT & implementing the New Projects.

49 conclusion EGPC main target is to attract investments in new downstream zero fuel oil projects to maximize local production of petroleum products and minimize the imported quantities.

50 Thanks for Your Attention