MOSCOW (MRC) -- Thailoil's ongoing expansion and upgrading works at its Laemchabang plant (Chonburi province, approximately 125km from Bangkok) will enable the state-owned oil company to increase its crude oil processing capacity from 275,000 bpd to an estimated 400,000 bpd upon completion in 2023, said Hydrocarbonprocessing.
These expansion works have required an estimated investment of USD4.8bn since project approval in 2018, to upgrade from a light crude processing plant to include, among others, a crude distillation unit (CDU), a hydrogen manufacturing unit, and an energy recovery unit (ERU). This latter unit will generate up to 250MW of electricity and 175 tons of steam per hour, which will cover the energy needs of the rest of the plant.
Part of the plant expansion work, also known as the Clean Fuel Project, involves the installation of new pre-assembled rack modules (PAR). STP&I, a publicly owned company specialising in the design and construction of steel structures, sought Sarens' collaboration for the lifting and assembly of various PAR units of between 104 and 392 tons at the new Thailoil facilities.
For this operation, Sarens chose its Terex-Demag CC6800 crane, a crawler crane model with a maximum load capacity of 1250 tons, which had to be adapted with the manufacture of a multi lug spreader bar arrangement to ensure safe lifting operations for the two heaviest modules of 380.7 and 391.9 tons. Both modules had different lug points, which needed to be fixed to the crane to prevent unwanted movement or detachment during the process.
Once operational in 2023, this plant will enable Thailand to become a major crude oil processing hub in Asia, improving the quality of fuels consumed in the country, increasing energy independence from third countries, while reducing the environmental footprint of cargo ships transporting processed crude oil from those countries to Thailand.
Sarens has more than 60 years of international experience in the development and installation of strategically important projects. In the energy sector, Sarens has been directly involved in the expansion of the S-Oil plant in Ulsan, South Korea, in the construction of the Petroperu refinery in Talara (Peru), and in the Skikda refinery in Algeria.
We remind, U.S. crude oil refineries plan to keep running near full throttle this quarter, according to executives and estimates, as refiners set aside worries about recession and sliding retail prices to deliver more fuel. The operating levels will keep U.S. gasoline prices below their spring highs while providing strong earnings to refiners, analysts said. Many aim to run at rates similar to the second quarter's 94% average utilization rate. "Refiners will continue to run hard in Q3," Tudor, Pickering, Holt refining analyst Matthew Blair said in a note this week, adding he would not be surprised "if Q3 runs weren't higher" than June given past conservative forecasts.