Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
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Refining<br />
<strong>Petrotrin</strong> owns and operates the sole crude oil refinery in the country<br />
� 150,000 bpd full refining conversion capacity (168,000 expected post GOP)<br />
� Processes include atmospheric and vacuum distillation, visbreaking, catalytic reforming, catalytic cracking,<br />
mild hydrocracking, hydrotreating, isomerisation, alkylation, sulphur recovery and MTBE synthesis<br />
� Capable of processing variety of crude oils<br />
– Refinery processes a mix of crude oils with an average API gravity of about 28°<br />
– Utilizes locally produced and imported crude oil<br />
– Acquired through mix of term and spot contracts (approximately 46% term, 54% spot)<br />
� Diversified supply sources (9 suppliers)<br />
Indigenous<br />
40%<br />
3rd Party<br />
Processing<br />
1%<br />
Total: 136,843 bpd<br />
FY2011 Crude Oil Receipts<br />
Foreign<br />
Purchase<br />
59%<br />
Russia<br />
14%<br />
Brazil<br />
5%<br />
Other<br />
1%<br />
West Africa<br />
44%<br />
Colombia<br />
36%<br />
Total: 29,560 mmbbls<br />
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