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RE: Update(BN) – Cosmo Sakai Refinery to complete Coker Feb 2010

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#5861

Charles Randall
Participant

Here is Update from Bloomberg on Japan Cosmo Sakai Refinery 25 MBD coker addition project (and 80 MBD Resid HDS) that gives Feb 18, 2010 as completion date. This is online with the estimate from 2006 news release when the construction phase began.
 

The plant will now be able to switch from more expensive light MidEast crudes (Abu Dahbi) to the cheaper heavier crudes there (Saudi or Kuwait). Cosmo owns 3 other refineries in Japan but this will be their first coker.

 

Cosmo expansion runs counter to a competitor – Nippon Oil which plans to shut-in nearly 200MBD of capacity in 2011 (at 3 of its 7 refineries that total 1.3 million BPD capacity) in Japan.

 

Regards

Refining Community