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Petrotrin and Samsung Sign Joint Venture Contract

In a brief signing ceremony held at the Board Room of Petrotrinís Administration Building, Pointe-a-Pierre on April 15, Petrotrin signed a contract with Samsung Engineering for Engineering, Procurement, Construction, Commissioning and Start-up (EPC) Services for the Ultra Low Sulphur Diesel (ULSD) Plant at the Pointe-a-Pierre Refinery.

Petrotrinís team was led by President Kenneth Allum and comprised members of the Legal, Project Engineering and Planning and Business Development Departments, while Samsung was represented by a seven-member team.

Petrotrin is cautiously optimistic that the Plant would be ready for commissioning by the end of 2011 or early 2012.

The ULSD Plant is designed to process 40,000 barrels per stream day (BPSD) of diesel boiling range feeding stocks to produce a diesel product with a total sulphur of 8 ppm max, a total aromatics content of less than 25% wt and a cetane number of 51 min consistent with the most stringent and forecasted future on road fuel specifications.

This is part of the Clean Fuels Programme, which is intended to secure Petrotrinís position as the premier supplier of high quality gasoline and diesel in the region. The programme consists of two major elements: the GOP, which targets improved gasoline quality and volumes; and the ULSD plant which targets improved quality of diesel.

By completing the GOP and constructing the ULSD Plant, Petrotrin will increase its gasoline quality and quantity, meet new local and international specifications for our diesel, improve its operations and increase customer satisfaction.

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