(Energy Analytics Institute, 19.Apr.2016, Clifford Fingers III) – EP PetroEcuador stands to gain the most from the recent workover to the Esmeraldas Refinery, reported the state company in an official statement.
The primary benefit includes recuperating the 110,000 barrel-per-day capacity as well as increasing processing capacity, efficiency, and continuity while reducing the refining costs associated with the importation of refined products.
Other benefits to the workover include:
— Increasing the capacity of the FCC unit to 20,000 barrels per day from 18,000 barrels per day, thus boosting production of LPG and gasolines;
— Producing diesel with a lower sulfur content, resulting in a positive environmental impact and benefits to the health of citizens nearby;
— Save $305 million due to the reduction in derivative imports;
— Increase in the production of LPG by 250 tons/day, and gasoline by 5,600 barrels per day.