Newsletter Q4 - MIDOR Q4 2019.pdf · MIDOR's Q4 newsletter. Our commitment to achieving the best...
Transcript of Newsletter Q4 - MIDOR Q4 2019.pdf · MIDOR's Q4 newsletter. Our commitment to achieving the best...
Newsletter Q4
International Relations & Media By : Iman Karara
CONTENT
Fast Facts
Technical Features
Production
Our Business
News & awards
Events & Visits
MIDDLE EAST OIL REFINERY
Dear Sirs,
We would like to welcome you all to
MIDOR's Q4 newsletter. Our
commitment to achieving the best
economic operational activities and
maximizing the added value, has led to
study possible alternatives to
maximize the production of petroleum
products. These factors suggest a
way forward in mastering challenges
such as security and sustainability.
Fast Facts
• MIDOR is one of the most advanced & highconversion refinery in Africa and Middle East basedon technological complexity; reaching a standard of12.1.
• The refinery current operational capacity is 115,000BPSD.
• MIDOR refinery is distinguished by its deepconversion (zero fuel oil production) of all heavyproducts such as low value gasoil into high qualitylight and middle distillate products equivalent tomore than 87% of total production.
• MIDOR continues to implement its refinerymodernization program, which is intended toincrease the refinery capacity by 60% whilemaximizing production of middle distillates to fulfillthe increase in domestic consumption and meet Euro5 requirements.
Technical Features
MIDOR Refinery Technical Activities• MIDOR refinery continues to receive cargoes of
high sulphur Gasoil cargoes on spot or contractbasis and converted it to low sulphur Gasoil thatwas sold to international market via tenders.
• Refinery feed rate controlled at optimum capacityto cope with the planned maintenanceshutdowns activities.
• MIDOR continues to receive Arabian crudes fromARAMCO by swapping crude vs. products through6-month contract.
• MIDOR refinery processed an imported cargo ofNaphtha and converted it to 95RON Gasoline.
• MIDOR refinery meets all its obligations andcommitments towards the local and internationalmarkets.
Technical Features
Expansion project activities• 3D Model for new, revamped process units, utilities
& offsite are ongoing.
• Project Reimbursable items are under discussions &finalization between MIDOR & TechnipFMC.
• Refinery new gates for Expansion are ongoing.
• MIDOR/TechnipFMC started the implementation ofincreasing the local content of the project.
• Project Environmental & Social action plan has beensettled and implementation started.
• During November & December 2019, plannedshutdowns for process units has been implementedfor asset Integrity & Owner data validation.
• Electrical Power balance has been closed betweenall parties during Oct.2019.
Technical Features
Expansion project activities• 2nd Steering committee was established during 22
October 2019.
• The loan draw down was updated by TechnipFMCbased on project execution and updated equityinjection plan during Oct.2019.
• During October 2019, MIDOR has issued theCertificate of Origin for Crude & Products for theLenders.
• Y.2020 annual business plan was issued by MIDORto lenders during Nov.2019.
• Natural Gas supply contract between MIDOR &Gasco is under finalization.
• Celebration of 1.000.000 man hours without LTI;during Dec.2019.
• Planned progress tables & S Curves were issued byTechnipFMC during Dec.2019.
Production
MIDOR processed a total crude of 9,234,988
BBLS. which is equivalent to (1,269,802 MT).
Local Crude Oil Imported Crude Oil
5,557,970 3,677,017
(60%) (40%)
BBLS
Our Products
Jet Fuel 257,833 LPG 39,901
Gasoline 276,119 Sulphur 17,936
Coke 93,003 Diesel 713,563
Metric Ton
Our Business
Crude Type Quantity / BBLS
Western Dessert 1,615,844
Basrah Light 912,000
Qaron 100,000
Petro Amir 289,489
East Zeit Bay 682,774
Gysoum 161,300
Zeit Bay 526,897
Arab Light 1,400,000
Esaider 500,000
Kuwait 200,000
Sharara Marin 100,000
Balayim Marin 814,635
MIDOR bought several crude cargoes
Our Business
Exported Cargoes
Jet Fuel 243,488
Diesel 152,345
Naphtha 19,761
Local SalesMetric Ton
LPG 39646 EGPC
Gasoline 265780 EGPC
Jet Fuel 4851 EGPC
Diesel 502450 EGPC
Coke 88521 Local Companies
Sulfur 18550 Local Companies
Metric Ton
Midor Imports• MIDOR has imported about 184,302 Metric tons of
high sulfur Gas oil for treatment.• MIDOR has imported about 28,968 BBLS of
naphtha.
MIDOR Participated in MOC 2019 conference andexhibition that took place in Bibliotheca ConferenceCenter in Alexandria, Egypt from October 15 - 17.Chemist Gamal ElKareish MIDOR CEO, welcomed theexhibition visitors from petroleum sector and foreigncountries at MIDOR`s booth.
MOC 2019
MIDOR Business NEWS
MIDOR and MIDELEC Signed the contract ofsupplying the electric power to feed the refineryexpansions.
Midor News
MIDOR is among the best companiesin applying HSE system
MIDOR was selected among the bestcompanies in applying the occupational safetyand health system and environmentalprotection during a competition between Cairocompanies under the patronage of theMinistry of Manpower, in recognition of theeffort and distinction in the commitment toapply the HSE standards and secure workenvironment.
MIDOR’s Social
Responsibility
MIDOR supported Borg El Arab UniversityHospital for the treatment of childhood cancer.
MIDOR AWARDS
World Confederation of Business Awarded
MIDOR
“THE BIZZ AWARD 2019”
“PEAK OF SUCCESS”
For being successful exceeding the evaluation criteria inBusiness Leadership, Quality of Products, ManagementSystem, Innovation and Creativity and corporate SocialResponsibility.
MIDOR AWARDS
“INSPIRATIONAL COMPANY”
With all its privileges and obligations
“WORLD BUSINESS LEADER AWARD”For being a successful
leader who works in an innovative knowledgeable
and systematic manner
World Confederation of Business Awarded MIDOR
MIDOR AWARDS
“WORLD LEADER BUSINESSPERSON” TO
Chem. /Gamal ElkareishMIDOR CEO
For being a successful leader who works in an innovative knowledgeable and systematic manner
World Confederation of Business Awarded MIDOR