1. CAMISEA
OPERATIONS
August, 2007

2. CAMISEA
Operations Performance

3. INDEX
• OPERATIONS EFFECTIVENESS COMPONENTS
(KPI’s)
• OVERALL EQUIPMENT EFFECTIVENESS (OEE)
– MALVINAS OEE
– PISCO OEE
• RELIABILITY
• BENCH
• SAFETY RECORDS

4. OPERATIONS EFFECTIVENESS
COMPONENTS (KPI’s)
Utilization / Production / Throughput (Gas)
Availability
Reliability
Yield / Recovery (C3)
(As a rule of thumb, “World-class performers” will only have losses
of between 1.5 % to 2 % for all indicators)
KPI´s : Key Performance Indicators

5. Overall Equipment Effectiveness
(OEE)
Objective method to link three performance indicators:
Availability
Throughput
Yield / Recovery

6. Overall Equipment Effectiveness
(OEE)
Can be expressed simply:
OEE = Yield x Throughput x Availability
The Maximun Theoretical
World Class - OEE > 85%

7. OEE = Availability X Throughput X Recovery (C3)
(Plant Unit) (Gas)
Hr Operatives Actual Throughput Actual yield (C3)
Vs Vs Vs
Hr Calendars Best Demonstrated Max Theoretical yield
Rate (BDR) (for BDR)
(96 %) (500 MMSCFD) (97.2%)
Overall Equipment Effectiveness (OEE)

8. Cry II
Equim. Level; TC II
TEx II
Estabiliz.
Equim. Level nC 1, 2, 3
Cry I
Equim. Level; TC I
TEx I
Unit Level
Unit Level
Unit Level
Plant Level
AvailabilityAsset Plant
Level
Production Recovery (yield)X X
Overall: O
Equipment: E
Effectiveness: E
OEE = A x P x R
Malvinas Operations

9. PISCO OEE
PLANT LEVEL / OVERALL OEE
LPG FRACTIONATION UNIT
TOPPING UNIT
OEE 1 (Fract)
OEE 2 (Topp)
OVERALL OEE = (OEE 1 + OEE 2)
2
PISCO AxTxY AxTxY
Fract Topp

10. OEE 1 FRACTIONATION UNIT
Actual Throughput
Vs
NGL received from Malvinas
THROUGHPUT

11. OEE 1 FRACTIONATION UNIT
RECOVERY (Yield) C3/C4
Actual Yield
Vs
Design Yield (97.93% Vol)
Actual Yield
Vs
Design Yield (99.21 % Vol)
C3
C4

12. OEE 1-2 FRACTIONATION AND TOPPING UNITS
AVAILABILITY
Hs Operatives (Hs Run)
Vs
Hs Calendars

13. OEE 2 TOPPING UNIT
Actual Throughput
Vs
(NGL received from Malvinas) x 0.54
THROUGHPUT
0.54 = design fraction of condensate in NGL from Malvinas

14. Reliability
•Unplanned downtime (Reactive Maintenance)
•Maintenance Backlog
Hs Operations
Vs
Hs Operations + Hs TMR
(TMR: “Total Maintenance Reactive”)
(Reliability; “World Class performers” > 98%)

15. RELIABILITY 2006
MALVINAS 99% (Average of 24 main equipments:
Turbocompressors,Turbogenerators,
Turboexpanders, Pumps,
Control System)
PISCO 97.8% (Average of 20 main equipments:
Turbogenerators, Pumps, Control
System, Generators, Compressors)

16. Availability Throughput Recovery OEE
Jan-06 0.988 0.970 0.946 0.907
Feb-06 0.984 0.963 0.995 0.943
Mar-06 0.967 0.968 0.997 0.933
Apr-06 0.989 0.982 0.993 0.964
May-06 0.996 0.979 0.996 0.971
Jun-06 0.995 0.964 0.995 0.954
Jul-06 1.000 1.012 1.000 1.012
Aug-06 0.991 0.997 0.997 0.985
Sep-06 0.998 1.003 1.000 1.001
Oct-06 0.969 1.008 1.000 0.977
Nov-06 0.993 0.995 0.997 0.985
Dec-06 0.960 1.008 1.000 0.968
0.967Average Annual
Malvinas Operations – OEE 2006 Plant Level

17. Malvinas Operations – OEE 2007
Plant Level
Availability Throughput Recovery
Jan-07 0.999 1.011 1.000 1.010
Feb-07 1.000 1.013 1.000 1.013
Mar-07 0.832 0.753 0.956 0.599 TGP Event
Apr-07 1.000 1.011 0.982 0.993
May-07 1.000 1.012 0.990 1.002
Jun-07 0.999 1.012 0.986 0.997
Jul-07 1.000 1.012 0.987 0.999
First seven months
OEE
0.945

18. Pisco Operations – OEE 2006 – Plant Level
OEE
Availability Throughput Quality OEE Availability Throughput Quality OEE GLOBAL
Jan-06 0.990 0.950 0.990 0.931 0.990 0.920 0.990 0.902 0.916
Feb-06 1.000 0.920 0.990 0.911 0.990 0.890 0.940 0.828 0.870
Mar-06 1.000 0.940 0.990 0.931 1.000 0.860 0.910 0.783 0.857
Apr-06 1.000 0.990 1.000 0.990 1.000 0.950 0.960 0.912 0.951
May-06 1.000 0.970 1.000 0.970 1.000 0.940 0.940 0.884 0.927
Jun-06 1.000 0.970 1.000 0.970 1.000 0.940 0.940 0.884 0.927
Jul-06 1.000 0.990 1.000 0.990 1.000 0.960 0.950 0.912 0.951
Aug-06 1.000 0.990 1.000 0.990 1.000 0.920 0.980 0.902 0.946
Sep-06 1.000 0.980 1.000 0.980 1.000 0.930 0.970 0.902 0.941
Oct-06 0.990 0.990 0.990 0.970 0.990 0.930 0.990 0.911 0.941
Nov-06 0.990 0.980 0.990 0.960 0.990 0.940 0.970 0.903 0.932
Dec-06 1.000 0.990 1.000 0.990 0.940 0.950 0.980 0.875 0.933
Average Annual 0.965 Average Annual 0.883 0.924
Fractionation Topping

19. Pisco Operations – OEE 2007
Plant Level
OEE
Availability Throughput Quality OEE Availability Throughput Quality OEE GLOBAL
Jan-07 1.000 0.989 0.997 0.985 0.987 1.000 0.970 0.958 0.971
Feb-07 0.928 0.983 0.994 0.907 0.906 1.000 0.960 0.870 0.888
Mar-07 0.980 0.945 0.988 0.915 1.000 1.000 0.964 0.964 0.939
Apr-07 0.982 0.972 0.987 0.942 0.998 1.000 0.963 0.961 0.952
May-07 1.000 0.990 0.991 0.980 1.000 0.938 0.943 0.884 0.932
Jun-07 0.991 0.983 0.991 0.966 0.995 0.941 0.942 0.882 0.924
Jul-07 0.988 0.988 0.991 0.967 0.997 0.961 0.932 0.893 0.930
First seven months 0.949 First seven months 0.920 0.934
Fractionation Topping

20. BENCH

21. The Reliability Involves Four Stable Operating Domains
(Source: Ledet Enterprises, Houston – Texas)
OEE Mal
0.94
OEE Pis
0.93

22. Maintenance Cost vs. Production reliability. Plants with the best overall
equipment effectiveness tend to have the lowest maintenance cost and use
systematic failure elimination, profit-centered maintenance and performance
contracting.
Maintenance Cost Vs. Production Reliability
2007
Malvinas
Pisco

23. Data from the 1998 and 2000 Solomon Associates Inc. surveys of the participating North and South
American refining companies
Availability Performance Comparison
90
91
92
93
94
95
96
97
98
99
100
1994 1996 1998 2000 2006
Availability
RefineryMechanical Availability- U.S.Trend,% RefineryMechanical Availability- Pacesetters,%
Refinery Operational Availability - U.S. Trend, % RefineryOperational Availability- Pacesetters,%
AvailabilityMalvinas AvailabilityPisco

24. As a rule of thumb,
“World-class performers” will only have losses of between
1.5 % to 2 % for all indicators
“world-class performers” are operating at > 85% of BDR
Unavailability – both timing and duration – must be
predictable. There must be no surprises
Reliability; “World Class performers” > 98%
Availability: “world class performers” > 96 %

25. OIL & GAS JOURNAL / May 9, 2005
“OEE Method Improves Condition Based Maintenance
Aspen Technology Inc. , Houston – Texas
HYDROCARBON PROCESSING / January 2005
“Achieving World-Class Operating Performance”
Polaris Veritas Inc. , Houston – Texas
Data from the 1998 and 2000 Solomon Associates Inc.
surveys of the participating North and South American
refining companies - Toward World Class Plant Availability
– Tom Ratajczak – UOP LLC
References

26. SAFETY RECORDS

27. SAFETY MALVINAS
Frequency Index (FI) and Severity Index (SI)
Januray 2006 - August 2007
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
FIAccum.
0.00
0.01
0.02
0.03
0.04
0.05
0.06
0.07
0.08
0.09
SIAccum.
FI Accum 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.076 0.069 0.062 0.000 3.731 2.340 1.706 1.349 1.119 1.894 1.650
SI Accum 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.014 0.013 0.012 0.000 0.082 0.051 0.038 0.030 0.025 0.049 0.068
Jan-06 Feb-06 M ar-06 Apr-06
M ay-
06
Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 M ar-07 Apr-07 M ay-07 Jun-07 Jul-07 Aug-07

28. SAFETY MALVINAS
Man Hours Accumulated without Lost Days
September 2006 - August 2007
152,130
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
ManHours
MH Worked 119,188 140,611 137,530 165,401 133,332 134,700 159,360 158,760 155,124 152,222 162,622 156,150
MWAccum without Acc. 1,832,411
MWAccum without Acc. 140,611 278,141 443,542 576,874
MWAccum without Acc. 134,700 294,060 452,820 607,944 760,166
MWAccum without Acc. 152,130 308,280
Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07
760,16693
518,787
1'832,411
308,280

29. SAFETY PISCO
Frequency Index (FI) and Severity Index (SI)
January 2006 - August 2007
0.00
0.75
1.50
2.25
3.00
3.75
4.50
5.25
6.00
6.75
SI
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
FI
Severity Index 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Frequency Index 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Jan-06 Feb-06 M ar-06 Apr-06 M ay-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 M ar-07 Apr-07 M ay-07 Jun-07 Jul-07 Aug-07

30. SAFETY PISCO
Man Hours Accumulated without Lost Days
January 2006 - August 2007
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
2,200,000
ManHours
MHWor ked 78,781 71,576 85,368 86,304 95,066 96,616 92,136 101,347 90,080 90,539 94,462 93,218 97,369 87,807 97,591 88,255 98,700 85,685 91,202 85,101
MHAccumwithout Accidents 348,880 420,456 505,824 592,128 687,194 783,810 875,946 977,293 1,067,373 1,157,912 1,252,374 1,345,592 1,442,961 1,530,768 1,628,359 1,716,614 1,815,314 1,900,999 1,992,201 2,077,302
Jan-06 Feb-06 Mar -06 Apr -06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar -07 Apr -07 May-07 Jun-07 Jul-07 Aug-07
2’077,302