Bataan Limay Refinery Project

Summary Information

Ownership: Petron Website: http://www.petron.com/ Wiki Page: Bataan Limay Refinery Location: Bataan, Phillippines Capacity: 9.0 million tons/annum & 180,000 bbl/day Nelson Complexity: Project Stage: Construction Expected Completion: Budget: $1.8 Billion The Project

Project Type: Upgrade Project Summary: A project to produce high value-added oil products by extensively modernizing existing refinery plants Main Contractors: Daelim: EPC business including detailed design & engineering, procurement and construction Foster Wheeler: Detailed engineering and procurement services for the delayed coker unit (DCU) Licences Axens - FCC unit, Mild hydrocracker, Naphtha / LPG & Gasoline hydrotreating UOP: condensate fractionation unit, naphtha hydrotreater, and UOP CCR Platforming™, Sulfolane™, LPG and kerosene Merox™ and distillate Unionfining™ units CB&I has been awarded contracts by Petron to supply sulfur recovery, tail gas treating and hydrogen plant technologies Refining Units

Delayed Coker - 37,500 bpsd Fluidised Catalytic Cracker - 35,900 Mild hydrocracker – 15,700 BPSD Prime-G+™ – 8,000 and 17,600 BPSD hydrogen plant - 126 metric tonnes per day Coker naphtha hydrotreater – 5,800 BPSD Sulfur recovery and tail gas treating units - 526 metric tonnes per day of sulfur Terminal Capacity

Crude Oil: Refined Products: Crude Supply

Upon the project’s completion, the refining facility would be able to “digest a wider range of crude oils including from African sources.” In effect, this will give it greater flexibility on its crude sourcing, including cheaper and heavier crude grades Products Produced

Specifically, the refinery’s added refurbishment will enable it to produce higher quality fuels, to the level of Euro 5 The refinery will also produce a much higher white product yield History

2011 - Refinery upgrade project launched 2011 - Daelim awarded EPC contract 2011 - Ground breaking ceremony 2011 - CB&I - Awarded licences for Hydrogen & Sulphur Units 2012 - Foster Wheeler awarded Delayed Coker contract 2018 - UOP awarded licences for various units Other Information

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Links

1. PETRON CORP. TO RAISE CAPITAL FOR RETAIL EXPANSION, REFINERY UPGRADE
2. Petron taps 5 foreign contractors to undertake $1.8-B refinery upgrade
3. Technip Refining References
4. Petron Corporation Unveils Major Refinery Expansion Plan
5. Daelim Industrial won an Order for USD2 billion worth Oil Refinery Plant from the Philippines, the Biggest Project in Southeast Asia
6. Axens’ Technologies for Petron Corporation in the Philippines
7. The FCC Alliance celebrates its 50th license in Philippines
8. CB&I Awarded Technology Contracts in the Philippines
9. Foster Wheeler Wins Engineering and Procurement Contract for Petron Refinery Upgrade in the Philippines
10. Foster Wheeler Awarded Coker Training, Commissioning And Start-Up Services Contract By Petron In Philippines
11. Petron To Expand Its Limay Refinery With Technologies from Honeywell