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39
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Annual Report
The newERC units will also produce around 13,000 b/d of aviation
fuel for supply to Cairo airport via pipeline. Output of reformate
12,000 b/d and naphtha around 7,000 b/d will be used as high-octane
gasoline blending components.
The new project will include diesel hydrotreating, vacuum
distillation and hydrocracking units. In addition, as part of the
expansion, the entire complex, including the existing units, will be
converted to using gas as fuel rather than fuel oil with the aim of
reducing emissions and maximising output of high value products.
2-4 Iraq
The implementation of the ambitious plan of the Iraqi government
to increase the refining capacity from 846,000 b/d to almost 1.5
million b/d is still in progress. The plan includes building four new
refineries and expansion of the existing refineries, which would
require an investment of $30 billion.
To date, there has been little interest from any of the major oil
companies in any of the projects, with the exception of the planned
300,000 b/d Nassiriya refinery.
A consortium bringing together Japanese, Korean and European
groups, but spearheaded by Iraqi firm al-Andalus, has been given the
Iraqi oil ministry approval to increase the proposed capacity on the
planned Misan refinery to 330,000 b/d in order to gain economies of
scale.
Refinery is also going to be upgraded with a new 55,000 b/d fluid
catalytic cracking (FCC) unit, six new boilers and 54 storage tanks in
addition to a new 400 tons/day LPG facility are due for installation
by end of 2013.