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Insurance Underwriters Roadshow 2012 January - Petrotrin

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2011 Risk Events and Mitigation<br />

• Fire at No. 2 HTU Fractionator Overhead Condensers on 2011 July 02<br />

– Auto-ignition of a mixture of light hydrocarbon which leaked from plugs and<br />

header expansion joints on overhead coolers following a loss of power on<br />

the plant<br />

– All major recommendations following the incident investigation have been<br />

implemented<br />

– Learnings from incident shared with all stakeholders<br />

• Loss of Power and Flooding Incidents<br />

– Two incidents of loss of power in the last year<br />

– Continued discussions with service provider on reliability<br />

– Upgrade of emergency power equipment in progress and installation of<br />

satellite diesel units for basic emergency systems<br />

– Some drainage work done but major study is to be initiated along with<br />

dredging of main river course<br />

• No Extreme Weather Conditions Experienced<br />

– Decision taken to lease Salt Water Reverse Osmosis (SWRO) systems in the<br />

short term<br />

– A permanent SWRO Plant is to be constructed<br />

30

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