Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
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Update on Clean Fuels Projects<br />
� Ultra Low Sulfur Diesel Plant (ULSD) 88.0 % Completion Expected Commissioning Date October <strong>2012</strong><br />
� Gasoline Optimization Project (GOP) 99.4 % Completion Expected Commissioning Date End Feb. <strong>2012</strong><br />
GOP ULSD<br />
US$ MM Production<br />
Isomerisation Plant 88.9 May 2009<br />
CCR Plant 228.6 March 2010<br />
Acid/Alkylation Plant 349 March <strong>2012</strong><br />
FCCU 457 March <strong>2012</strong><br />
Utilities and Offsites 278_ March <strong>2012</strong><br />
Total Project Cost 1,480<br />
Challenges<br />
� Cost reimbursable contract<br />
� Contractors performance<br />
� Working on live plant and many unknowns<br />
� Design issues<br />
� Quality issues<br />
� Project cost – US$ 355 MM<br />
� Construction five months behind schedule<br />
Challenges/Action taken<br />
� Due to late 3-D model reviews, piping design<br />
and deliveries were delayed which has delayed<br />
piping installation<br />
� Challenges with providing the OSBL utilities and<br />
services in time to support ISBL turnover. We are<br />
actively looking for resources and work-around<br />
solutions.<br />
� Setting up the resources and processes to<br />
accommodate the volume of hydro-tests<br />
packages and walk downs expected.<br />
� OSBL/ISBL Staffing – suitable personnel being<br />
identified from refinery/contractors<br />
33
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