Greece’s Motor Oil expands Corinth refinery February 26, 2008Posted by grhomeboy in Business & Economy, Energy.
Tags: Business, Energy, Greece, News
Motor Oil (Hellas) Corinth SA is expanding its 110,000 b/d refinery in Corinth about 70 km from Athens.
The company let contract to Technip for engineering, procurement, and construction management of a 60,000 b/d crude oil distillation unit to be operational early in 2010. It estimates the investment at €180 million.
The expansion follows an upgrade centered on the addition of a 37,000-b/d mild hydrocracker brought on stream in November 2005. In that project Motor Oil also added a 32,000-b/d gas oil desulfurization unit and a 65,000-cu m/hr hydrogen production unit. The new unit will expand the total capacity of the refinery to more than 170,000 bpd.