Here is update on Pan Am making move on Esso Campana coking refinery in Argentina. Pan American co-owners are China’s Petchem/Refining group CNOOC and Argentina’s Bulgheroni Family.
China is very interested in Esso’s Camapana low sulfur fuel coke that for years went to nextdoor CVRD’s coal coking blast furnace for fuel (delivered cost petcoke or LS coal was much higher/equal to alternate Esso FOB sale price for petcoke). This ended in late 1990’s and now goes market. Because of Argentina’s diesel economy & low alternate placement of gasoline – coker heater was never pushed to remove volatile matter that was valued in fuel coke market.
The Esso coker (& heater) is 25MBD coker with FosterWheeler Technology (as are La Plata both -Shell & YPF’s, and YPF’s Mendosa (Lujan de Cuyo)).
Regards
