Transcript here - PetroSA

PetroSA Overview
•
PetroSA was established in 2002
•
Employs 1925 total staff members
(July 2013)
•
Owns world’s 3rd largest GTL refinery
•
36 000 barrels per day products
•
6% SA Refining capacity (SAPIA)
•
Business spans full petroleum value
chain
•
Produces diesel, gasoline, kerosene
and specialty products
•
Has produced ~70 MM bbl crude &
1 Tcf of natural gas to date.
•
Has additional exploration acreage in
Ghana, Equatorial Guinea & Namibia
•
Has a trading office in Rotterdam
•
Net Asset Value ~ R16.57 billion
* Following the merger of Soekor E & P and Mossgas Pty Ltd
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
1
Our Current Strategic focus is
•
Sustain the GTL refinery at Mosselbay,
•
Use the GTL refinery as a platform for growth,
•
Grow PetroSA to a significant industry player in
RSA and regionally,
•
Contribute meaningfully to security of energy
supply,
•
Support economic growth, job creation and drive
transformation.
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
2
New Technology: LTFT Demonstration
operational trials completed
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
3
Our Technology Company
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
4
Mossel Bay GTL Process flowsheet
ING
Condensate
FA
platform
Gas
separation
Gas
Methane
reforming
C3
Syngas
Synthol
C4
C3
LNG storage
C5+ oil
c4 =
C8+ synthetic oil
C3 =, C5 – C7 =
Imported condensate
LPG
Unleaded petrol
Leaded petrol
Illuminating Kerosine
Diesel
Fuel oil
Oil
refining
and
blending
Heavy alcohol
Olefin
Oligomerisation
Distillate
Reaction water
Low-aromatic distillates
Light alcohol
Gasoline
Alcohol
recovery
Acid water to effluent treatment
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
5
LTFT Process flowsheet
ING
Condensate
FA
platform
Gas
separation
Gas
Methane
reforming
C3
Syngas
Synthol
LTFT
C4
C3
LNG storage
C5+ oil
Wax
c4 =
Synthetic
C8+ synthetic
oil oil
C3 =, C5 – C7 =
Imported condensate
LPG
Unleaded petrol
Naphtha
Leaded
petrol
Illuminating Kerosine
Diesel
Fuel oil
Oil
Hydrocracker
refining &
Hydrotreater
and
blending
Heavy alcohol
Olefin
Oligomerisation
Distillate
Reaction water
Low-aromatic distillates
Light alcohol
Gasoline
Alcohol
recovery
Acid water to effluent treatment
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
6
LTFT increases diesel production
Low temperature
Fischer-Tropsch
High temperature
Fischer-Tropsch
LPG 1%
LPG 5%
Alcohols 9%
Naphtha
25%
Gasoline
48%
Diesel
70%
Diesel & Kerosene
39%
Fuel oil 3%
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd Reg. No. 1970/008130/07
7