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January 12, 2006 at 1:08 am #4259
From the December 2005 Annual Report. See the complete presentation (1 MB) at
http://www.coking.com/News/MAP_Coker_Expansion.pdf
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[align=left]Except for historical information, this presentation contains forward-looking information with respect to the timing of conceptual studies
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[align=left]a potential Garyville expansion or
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[align=left]conceptual studies of Cokers for the Detroit and Catlettsburg refineries,
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[align=left]projected increases for Brand gasoline volumes and projected SSA same store merchandise sales increases.
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[align=left]These forward looking statement are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied from such information. -
January 12, 2006 at 1:09 am #7674
MAP Detroit & Cattlesburg Coker Update & Table notice January 2006
Just released – Morgan Stanly released Marathon’s EVP presentation of expansion plans & slides 19 – 27 have details on the Garyville (not mentioned 35 MBD) new coker crude expansion, Detroit refinery new coker 20 MBD addition & Cattlesburg refinery 37 MBD new coker addition. The slide 22 shows the increase in Canada syncrude & blended bitumen crude projections and what is driving a lot of the recent inland coker expansions for next 4-5 years.
The Marathon cokers are on my table for New Refinery Coker & Upgrade Coker Additons – just 3 of the 28 in the EPC / Stratup stage – appearing in the next Argus Petcoke report in February 2006 with comments. There is also another table with 29 New Refinery Cokers & Upgrade Coker Additons in the Planning/Early EPC stages. These are expected to come online in the 2005-2011 time frame.
Regards
Charlie Randall
Pace Global Energy Services
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