The expansion and modernization initiative aims to significantly increase the refinery’s petrol production capacity, quadrupling it to 450 thousand tonnes per year. As a part of this project, the Combined Cycle has been revamped to utilize hydrogen generated by the new Platforming unit. Additionally, energy production has been optimized by recycling gas, resulting in a notable reduction in polluting emissions.
The project involves upgrading the Reactor and Regenerator sections of the FCC Unit at Lukoil’s refinery in Bulgaria. This upgrade will boost the unit’s efficiency, enabling it to process more oil and produce higher-quality products. Additionally, it sets the stage for Lukoil’s future investments in the refinery, positioning the company for long-term success in the industry.
The Offshore Cape Three Points (OCTP) project is a comprehensive endeavor focused on developing oil and natural gas reserves, specifically to meet the energy needs of Sub-Saharan Africa. Positioned off Ghana’s western coast, OCTP operates subsea wells and systems linked to the John Agyekum Kufuor Floating Production Storage and Offloading (FPSO) unit. In 2020, OCTP contributed over half of Ghana’s gas supply for thermal power generation.