2. INTRODUCTION
Petrochemicals are chemical products derived
from petroleum. Some chemical compounds made
from petroleum are also obtained from
other fossil fuels, such as coal or natural gas, or
renewable sources such as corn or sugar cane.
The two most common petrochemical classes
are olefins (including ethylene and propylene)
and aromatics (including benzene, toluene and xyl
ene isomers). Oil refineries produce olefins and
aromatics by fluid catalytic cracking of petroleum
fractions.
7. MISSION
• Design and build Refining and
Petrochemical Complex, under
international standards of quality
and safety, according to the legal
framework and policies.
VISION
• Start the “Refineria del Pacifico”
operations with efficient and
effective processes, meeting
quality standards and social
responsibility, to satisfy domestic
fuel demand and export surplus.
8. GENERAL OBJECTIVES
Design and construct the “Refineria del Pacifico Eloy
Alfaro”, with a processing capacity of 300,000 barrels per day
in two phases, with deep conversion technology, required for
the production of gasoline, diesel, liquefied petroleum gas and
petrochemical streams for meet domestic fuel demand and
export surplus.
9. Avoid capital output.
Turning Ecuador into a country exporting of
petroleum products.
Eliminate discharges of wastewater flowing into
the rivers: Manta, burro, and Manta beaches.
SPECIFIC OBJECTIVES
10. “Refineria del Pacifico Eloy
Alfaro" is actually an
ambitious construction and
commissioning operation of
a medium-scale
petrochemical industry,
With an estimated cost of
12,500 million that could
easily scale to the amount of
14,000 million, this project
can be qualified as the most
expensive in the history of
Ecuador
11. LOCATION: Manabí Province
PROJECT END: Estimated in 2017.
PROJECT COST: $12 500 million dollars
INVESTORS: EPP Petroecuador – PDVSA
China National Petroleum Corp.
SAVING TO OUR COUNTRY: $3.000’ per year
EMPLOYMENT: 25000 working places.
PRODUCTION CAPACITY: 300000 oil barrels per day.
12. Jurong Consultants has
experience in developing
projects related to oil, gas
and petrochemical
industry, in Singapore and
globally.
Chinese
company
CNPC is the
third partner
in the refinery
Pacific.
The China National Petroleum Corp
(CNPC) is one of the main partners in
financing the construction the refinery
contributing U.S. $12,000 million in
Ecuador.
Its flagship
project is the
Petrochemical
Center in
Jurong Island.
It is also one
of the leading
petrochemical
center
worldwide.
New Investor (CNPC)
13. ARTICLE BY “EL UNIVERSO”:
Correa, was quoted by the Ministry of Communication of the
Presidency, stressed the interest of several countries to invest
in the project, whose cost is estimated at $ 12,500 million.
"There are many stakeholders and things are going extremely
well ," the president added , referring to the interest shown by
countries like Russia , China , South Korea and Iran , among
others. "It's the most important projects in the history of
Ecuador " and " will allow export derivatives" to other
countries in the region and Asia, said Correa. Correa called a "
nonsense " that his country, which has oil exports as their main
source of income , currently spend a lot of money to import oil
from oil production shortfalls due to fuel refineries it owns.
According to Correa, the project is within the time and work
schedule established for the construction of the complex
, which will be located in the coastal province of Manabí.