KHERSON OIL REFINING PLANT

Reconstruction. Modernization. Development.

KORP

KORP: important facts

Willingness for creating modern oil refining complex:

The investment plan of plant modernization based on existed installations and

building of new ones based on world companies

experience

All needed design decisions, technical and economical

features and another important documents were

prepared and got

Partners and licensors of

reconstruction project:

Leading world and Ukrainian companies : Axens, Purvin & Gertz Inc, joint stock company «Ukrnaftochimproekt», CB&I Lummus

Global, UOP Limeted Honeywell, BNP Paribas,  Rothschild,

KORP

Developed infrastructure

Three channels of oil supply to the plant

An efficiency transport scheme of exportoil products

Comfortable location

The region with high capacity of oil usage, first of all diesel oil.

The production of bio fuel

There are high capacity of crops cultivation with downstream

processing for production of bio fuel.

KORP: advantages, potential

KORP

KORP: modernization, reconstruction

The modernization project include two stages

І stage ІІ stage

Renewal New maintenance:isomerisationoil stock hydro finingfirst stage of sulfur productionpackaged unit of hydrogen generation

New maintenance:hydrocrackinghydrogen generationSecond stage of sulfur production

Oil refining efficiency 88 % 92%

Outcrop of oil products 60 % 85%

Quality EURO 5 EURO 5

Capacity 4,5 million tons per year 4,5 million tons per year

Time limits 3 years +1 рік

Investments 877 260 thousand $ 440 910 thousand $ (financing including operational profits, gotten from start

of plant after I stage of modernisation)

Payoff 7,8 years including reconstruction period

Aim: - Rising of general efficiency of KORP;- Producing of high quality oil products Euro-5;- Decrease of black strap production;- Improvement of ecological characteristics of the manufacture.

KORP

Why does KORP need modernization?

• The realization of state program «Energetic strategy of Ukraine till 2030»• Supporting of 22% of all needs of Ukraine in high quality oil products: Energy security of Ukraine:

• 75% of materials and works will be provided by Ukrainian companies• The growth of economic activity in the region and in Ukraine

Noticeable refilling of state and local budgets for more than 4 milliard UAH per year of excise taxes and another taxes

•Creating of new work positions: - there are 1500 workers will work at the plant

• -contract award on project execution will encourage for creating working positions in Ukrainian companies Social advantages:

Ecology : •Production of ecologically clean high quality oil products will reduce the influence on human health and environment

The production of bio fuel

KORP

KHERSON OIL REFINERY

Thank you for attention!