STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
17
SUSTAINING GROWTH, SECURING PROSPERITY
• Refinery Water Supply
– One of the major
components emerging out of the Refinery
Upgrade is the installation of new boilers and
water treatment systems. The estimated cost
of this project is $125.4million. Expenditure to
date is $27.8 million and $2.7 million in open
commitments, taking the total estimated
expenditure to $30.6 million. This facility was
completed and is currently in operation.
• Upgrade Refinery Switchgear
– The
upgrade of the refinery switchgears is now
scheduled to be completed by the end of
fiscal 2013 with installation to commence in
fiscal 2014 because of the long lead items.
The estimated cost was revised downwards
from $177.4 million to $125.4 million
• FCCU – New Main Fractionator Column
– The fabrication and supply of a new main
Fractionator Column for the FCCU was
scheduled for fiscal 2013 at an estimated
cost of $46.0 million. However, procurement
of a new column is a long lead item and bid
documents are being prepared with delivery
expected in fiscal 2014. The estimated cost
was revised downwards to $35.0 million of
which $26.0 million is projected for fiscal
2014.
• Nitrogen Generation Facility
– A new
nitrogen generating unit producing 18,000US
gallon per day to meet the demands for the
FCCU and Alky Plants is to be acquired. The
estimated cost was revised to $27.4 million.
Works are expected to be completed in fiscal
2013.
• Ultra-Low Sulphur Diesel Plant
– The
construction of a new Ultra-Low Sulphur
Diesel (ULSD) Plant is part of PETROTRIN’s
Clean Fuels Upgrade Programme. This new
ULSD Plant will enable PETROTRIN to meet
stringent new diesel quality specifications
(sulphur and aromatics) in the local, regional
and international markets.
Engineering and procurement activities were
completed and construction is in progress.
As at April 2013, construction was 95%
complete. Mechanical works are delayed until
October 2013 due to industrial disruptions.
• New Refinery Laboratory
– A new refinery
laboratory is under construction within the
compound of the Pointe-a-Pierre refinery.
The pre-commissioning and hand over is
expected by September 2013. The budget is
being reviewed due to changes in the scope.
Completion cost is estimated to be $205.0
million, an increase from the original estimate
of $170.0 million.
• Liquid Fuels Pipeline Project
– New
Distribution Bond Road Tank Wagon Facility
– PETROTRIN in collaboration with GORTT,
NGC and NP initiated measures to provide
fuels (jet, diesel, gasoline) to a new Road Tank
Wagon (RTW) Distribution Facility at Caroni
and to the Piarco Jet Fuel Distribution Facility,
via a multi-product pipeline.
A liquid fuel transfer facility is being
constructed on PETROTRIN’s compound
to facilitate the multi-product pipeline and
Caroni Terminal. The overall progress on
OSBL and ISBL works were approximately
89.1% and 51.5% complete respectively. The
cost to PETROTRIN for the Pointe-a-Pierre
Facilities was revised to $64.9 million and is
expected to be completed in fiscal 2013.
• Upgrade of Refinery Bulk Electrical Power
System (URBP)
– This upgrade is geared
towards accommodating increased demands
of the GOP as well as the non-GOP projects.
High voltage switching works are in progress
ECONOMIC INFRASTRUCTURE
