Tuban Grass Root Refinery Project
The oil and gas industry is increasing downstream development. Pertamina has also increased the progress of the Tuban Grass Root Refinery (GRR) refinery project.
Director of Development of PT Pertamina Rosneft Processing and Petrochemical (PRPP) Eriyadi stated that his party had entered the finalization of the design details of the project.
The stage called Front End Engineering Design (FEED) reached 90.99 percent at the end of last month. This figure is higher than the first quarter target, which is 87.84 percent. With this progress, he estimates that the project design can be completed in May.
"This design stage is very important. The completion of this stage is equivalent to 49 percent of the oil refinery construction process," he said.
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The FEED activity has been running since March 16. PRPP collaborated with Tecnicas Reunidas SA (TRSA), an engineering company from Spain, as a design contractor. In the FEED stage, TRSA develops the design of open-art units, off-site facilities, and utilities, as well as overall design oversight and integration.
In parallel, it also cooperates with other partners. Among them, are PT. Perusahaan Listrik Negara (PLN) for the supply of electricity at the construction stage and Kris Energi for the supply of gas. Supporting infrastructure such as the Demak-Tuban toll road, reactivation of the Babat-Tuban city railway, as well receive support from other stakeholders.
"We have received other tax incentives to support the Tuban GRR refinery," he said.
The land clearing process has also entered stage IV. In that phase, the target is an area of 221.17 hectares. The completion of stage IV land clearing as of March 31 has reached 49.01 percent. This figure is faster than the target, which is 45.3 percent.
Eriyadi added, that after the FEED is completed, the company will enter the final investment decision (FID) process at the shareholder level.
"Furthermore, the engineering, engineering, procurement, construction/EPC phases are expected to start in the third quarter of 2023," he said.
Jawa Pos, Page-3, Wednesday, April 27, 2022
#Rosneft, #Tecnicas Reunidas SA (TRSA)
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