E N D
1. Opportunities for investment in the refining sector Jean-Jacques Mosconi
2. Increasing need for conversion and desulphurization capacities to process heavier and sourer crudes
3. Saudi Arabia : two major projects initiated by Saudi Aramco to upgrade the future heavy crude productions
4. The Jubail site, a modern and attractive infrastructure
5. Jubail project : a world-class, full conversion, export refinery Capacity: 400 kb/d
Ownership: Saudi Aramco 35 % - Total 35 % - IPO 30 %
Capex: 6.6 G$
Crude: Arab Heavy (dedicated productions)
Design: CCR + FCC + DHC + delayed coker + 650 kt paraxylene unit
Products: Middle distillates (55%), gasoline (20%) Benzene, propylene & naphtha (5%). No heavy fuels
Feed: started in July 2006 – $170 Million
Start up: mid 2011
6. Assets of the project Construction of a world-class refinery :
Full conversion refinery
Export-oriented refinery
Gasoline ? US/Asia
Middle-distillates ? Europe/Asia
Naphtha ? Asia
Highly flexible gasoline production
Integration with Petrochemicals: PX, Benzene, Propylene
Direct access to the largest offshore field in the world
Refinery situated in an industrial site with all facilities (port, pipelines, …)