MRPL ONGC

Mangalore Refinery and Petrochemicals Ltd.Mangalore Refinery and Petrochemicals Ltd.

An overview of MRPL

Mangalore Refinery and Petrochemicals Limited

MRPL : An Overview

India most safe Refinery and a “Category I” Mini ratna company engaged in refining and Marketing of Petroleum products

FIRST EVER PRIVATE SECTOR COMPNAY TO BE CONVERTED TO PUBLIC SECTOR COMPANY

LOCATION

OPERATION

RICH HERRTAGE

ONGC MAHARATNA COMPANY HOLDS 71.63% SHARES

STRATEGICALLY LOCATED ON THE WESTERN COAST

LEADERSHIP AND MANAGEMENT HAS A BLEND OF PRIVATE AND PUBLIC SECTOR HERITAGE

STRONG PRIVATE SECTOR WORKING CULTURE

STRONG FINACIALS REVENUE : Rs 43,800 Crore

PAT : Rs 1,177 Crore

Market Cap : Rs 12,390 crore






REVENUE : Rs 43,800 Crore

MARKET CAP : Rs 12,390 crore

















CREDIT RATING : ICRA – “Ir AAA, CRISIL – “Cr AAA”.













PAT : RS 1,177 CRORE


LOCATION


OPERATION

LOCATION


RICH HERRTAGE

OPERATION

LOCATION

REVENUE : Rs 43,800 CroreSTRONG FINACIALS

RICH HERITAGE

OPERATION

LOCATION





CONSISTENTLY ACHIEVED HIGHER EFFICIENCY IN PERFORMANCE AND SAFE OPERATION







MARKET CAP : Rs 10586 crore




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MRPL – Current Equity Structure

16.95%

1.89%9.53%

71.63%

ONGC

HPCL

Banks/FIs

Others


MRPL – An Introduction

Founded as Joint sector refinery by HPCL and A.V.Birla group in 1987

Located at the west coast of Karnataka, Close to Middle East and Far East crude and product markets

Installed capacity 9.69 MMTPA Revised to 11.82 MMTPA• Phase 1:4.82(3.69) MMTPA,commissioned in 1996.• Phase 2:7.00(6.00) MMTPA, commissioned in 1999.

Total project cost Phase I and Phase II refineries about Rs 7000Crore


Revival ...• ONGC entered MRPL in March, 2003 with accumulated

losses of around Rs.1200 crore.

• ONGC invested around Rs.1000 crore in Equity.

• Gave Guarantees for Crude purchases -US $ 320 Million.

• FIs/Banks sacrifice in DRP – 35% of their Exposure

• MRPL turned around in less than 2 years.


Turn around…. how?

Cost Efficiencies

• Higher capacity utilisation

• Improved Crude Mix

• Crude cost and freight reduced

• Energy consumption minimised.

• Debt restructured

• High cost debt pre-paid

• Interest rates minimised with ONGC’s creditworthiness

• Tax Incentives for Phase II also helped

Financial Restructuring


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Our Vision

* To be a world-class Refining & Petrochemicals Company.

* Strong emphasis on

* Productivity

* Customer Satisfaction.

* Safety, Health & Environment Management.

* Corporate Social Responsibility.

* Care for Employees.


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Technological Capabilities


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• State of the Art Technology

• MRPL was first in producing lead free high octane

Petrol in India from 1996

• A refinery with two Hydrocrackers and two

Continuous Catalytic Reformers

• First refinery to launch Euro III grade MS & HSD


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Major Process UnitsUnit Technology Phase1 Phase2

CDU/VDU EIL

HCU UOP CCR UOP

VBU Lummus

GOHDS JEC

ISOM UOP

Hydrogen Technip KTI

SRU Technip KTI

Bitumen Porner


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Current Process Configuration


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• Utilities and Infrastructure• Captive Power Plant with capacity of 112.5 MW

• All weather Mangalore port provides two dedicated Berth

with automatic loading arms.

• Connected to Mangalore –Hassan - Bangalore product

pipeline for product supply to Bangalore

• Fresh water sourced from Netravati river, with 20 days storage at Refinery

Technological Capabilities…


JETTY VIEW


Fresh water from built-up weir at Nethravathi river about 43 Kms

away from the refinery.

Infrastructure


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Crudes Processed

- Iran - Egypt- India

- Saudi Arabia - Yemen - Malaysia

- Iraq - Sudan- Indonesia

- Qatar - Nigeria- Brunei

- Dubai - Congo- Vietnam

- Abu Dhabi - Kazhakstan - China

-Rajasthan - Russia

• Refinery can process light to heavy / sour to sweet crudes with 24 to 46 API gravity.

• More than 40 Crudes processed till now from :-

First parcels of ONGC equity crude from Sudan, Sakhalin I & Rajasthan received by MRPL

Crude Processing capability


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Product Dispatch

• Road– HPC,BPC,IOC Terminals.

– Directly by MRPL

• Rail– Through HPC only.

• Coastal– Directly by MRPL.

• Pipe Line (MHBPL)– Declared Capacity: 2.14 MMTPA.

– Design : 5.46 MMTPA

Infrastructure Facility


Product Despatch - Mode

Pipe Line - MHBPL• Length - 362.3 KM

• Capacity – 5.46MMTPA

• Products Naphtha MS ATF SKO HSD

CH- 1O6 KM,

EL- 1127 M)

Hassan

(CH- 165 KM, EL- 900M)

Nerriya(CH- 79 KM,

EL- 100 M)

Mangalore

(CH- 0 KM, EL- 6 M)

Bangalore

(CH- 362.3 KM, EL- 800 M)

PIPELINE ROUTE


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• LPG (C3-C4)• Naphtha

– Open spec– LAN– HAN

• MS– XHOP (IOCL)– MS 92 / MS 95– Sri Lanka MS-90– Mauritius Grade MS

• Reformate• Mixed Xylene• ATF (Domestic)• Jet Fuel

• Kerosene• HSD

– BS III – 0.5% S & 66 Flash– 0.25 % S & 66 Flash

• HSFO (180 CST)• Bunker Fuel (380 CST)• Bitumen

– 60/70 VG 10– 80/100 VG 30– CRMB

• Sulphur (99.99% purity)

MRPL was the First to produce & dispatch Euro-III productsMRPL was the first to launch Euro IV grade fuels

Product Range

Products


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Products ExportsSome of the countries to which MRPL products have been exported

- Yemen - USA - Mauritius- West Africa - U.K - Singapore- Sri Lanka - UAE - S.Korea- Malaysia - Netherlands - Kenya- Japan - Ire Land - Indonesia- Hong Kong - Greece

Product Exports…

MRPL meets 100% Petroleum Products requirement of Mauritius since August 2006


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Health Safety and Environment


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Health & Safety Management

• Awarded Refinery of the Year by petrofed honoring performance in refining of petroleum in India for the year 2009-10 This award signifies performance in production and operational efficiency in refining operation while meeting the norms of Health Safety and environmental protection.


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Environment Management

• Full-fledged Environment Management & Crisis Management Cell

working round-the clock

• 6 Nos of Ambient Air Quality stations installed (3 inside refinery

and 3 outside). AAQ Monitoring by NITK, Surathkal.

• More than 70% treated effluent recycled

• Bio-remediation to treat oily sludges.


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Corporate Social Responsibility


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Corporate Social Responsibility

•MRPL doing yeoman service in the following areas :–Education–Health , Provision of Drinking Water–Infrastructure development & Sanitation–Welfare activities for SC/ST Development –Women Empowerment and Welfare–Project Displaced Peoples’ Rehabilitation

Colony


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Awards & Recognitions


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Awards & Recognitions1. MRPL has bagged the Petrofed ‘Refinery of the Year’ Award honoring

performance in refining of petroleum in India during the year 2009-10. This recognizes leading Performance in production and operational efficiency in refining operations, while meeting the norms of health safety and environmental protection.

2. Oil Industry Safety directorate ranks MRPL as 1st in “Most consistent safety performer in Refineries” for the year 2009-10

3. Company has achieved the “Excellent” Target (Composite score 1.04) against the MOU Targets set with Government of India for the year 2009-10 & 10-11

4. Adjudged as Second best in ‘Excellence in Energy Management’ –2010 under Refinery category instituted by the CHT.

5. ICRA and CRISIL reaffirmed Issuer rating of “Ir AAA” and ‘Cr AAA’ to MRPL for lowest credit risk.

6. Best Exporter Award (Gold) – 2010 for exporting products through NMPT, by Federation of Karnataka Chamber of Commerce & Industries.

7. The “Oil & Gas Conservation Award-2010” for Furnace/Boiler Efficiency instituted by CHT.


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Physical Performance


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12.1212.54 12.55 12.58 12.50 12.64

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11

Crude throughput

Capacity Utilization for 2010-11 :107%

MMT


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64.84

63.13

61.55

59.0758.27 58.13

6.44%

6.54%

6.71%

6.42%

6.51%

6.85%

2005-06 2006-2007 2007-08 2008-09 2009-10 2010-11

MBN

F&L

Lowest Energy Consumption


• After ONGC takeover (2003), MRPL increased its focused on direct Marketing and expanded its share of Business particularly Bitumen.

• MRPL direct Marketing turnover in 2010-11 stood at about Rs 2,291Crores.

• MRPL commenced ATF marketing in 2008 through its JV. ATF Sales in FY 2010-11 have gone up to 77 TMT up 23 % over preceding year sales of 54 TMT.

• MRPL successfully introduced new products in Market such as Mixed Xylene and CRMB.

• MRPL has Licecnce to open 500 Retail outlets. Continued under recovery in Retailing, MRPL adopted cautious approach in opening new Retail outlet.

• Miniscule presence in Retail Outlet business : thereby not burden with under recoveries.

MRPL: Marketing Highlights


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Financial Performance


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28,24332,377

37,339

42,719 36,14143,800

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11

Rs.Crore

Financial Performance

Turnover


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372

525

1,272 1,193 1,1121,177

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11

Financial Performance…

Maiden Dividend

10%

Net Profit, Rs Crores


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Projects


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• Refinery produces more than 20% black-oils.

• Refinery produces more high Sulphur diesel.

• Value addition through new products.

• Create capability to process low-value high TAN crude, and heavy crude.

• Large dependence on exports thereby exposed to competition from international refineries.

• Needs improvement in product mix change flexibility based on margin.

• Receive crude in VLCC type tankers

The need for Expansion & modernisation


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Salient Features:– New Units and Facility being added

• High severity Petrochemical FCC (2.2 MMTPA)• Delayed Coker ( 3.0 MMTPA)• DHDT unit ( 3.7 MMTPA)• Coker gas oil Hydro Treater unit ( 0.65 MMTPA)• Polypropylene unit (0.44 MMTPA)• Power Plant (116 MW )• Single Buoy Mooring Facility

– Revamp of Hydro cracker units

Phase-III Refinery Upgradation and Expansion project


MRPL Expansion and Up-gradation Project –Phase III

1. Total Approved Cost : ` 15008.04 Crore

Phase III expansion & up gradation Project Rs 12160.26

Poly propylene unit Rs 1803.78

Single Point Mooring facility Rs 1044.00

Total Rs 15008.04

2. Project work is progressing as per Schedule

3. The project is progressively planned to be commissioned from March 2012


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Phase-III Refinery Upgradation and Expansion project

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New Projects

Units Capacity Licensors

CDU/VDU 3.0 MMTPA EIL

PFCC 2.2 MMTPA SHAW Stone webster

DCU 3.0 MMTPA ABB

DHT 3.7 MMTPA Axens

CHT 0.65 MMTPA UOP

HGU 70000 TPA Halder Topsoe

SRU 3 x 185 TPD Siirtec Nigi

Polypropylene 440 KTPA Novelen

CPP 122 MW/1250 TPH

BHEL


New Projects

• Crude Distillation

– Technology- Engineers India Ltd

– Capacity - 3.0 MMTPA– Designed to process High Tan Curde


New Projects

• FCC

– Technology- Stone & Webster– Capacity - 2.2 MMTPA


New Projects

• Delayed Coker

– Technology- ABB Lummus– Capacity - 3.0 MMTPA


New Projects

• Diesel Hydrotreater

– Technology- Axens– Capacity - 3.7 MMTPA– System Pr - 73 ksc– Product Sulfur - 7 ppm


New Projects

• CHT

– Technology- UOP– Capacity - 0.65 MMTPA– System Pr - 95 ksc


New Projects

• Hydrogen generation unit

– Technology- Halder Tapsoe– Capacity - 70000 TPA– Pre Reformer / Reformer / MT Shift / LT Shift

configuration


New Projects

• Polypropylene

– Technology- Novelen– Capacity - 440 KTPA


New Projects

• Sulfur Recovery

– Technology- Siirtec Nigi– Capacity - 3 x 185 TPD– Claus Process with Tail gas treatment


New Projects

• Capitive Power plant– Technology- BHEL– Capacity - 122 MW– 2 Gas Turbine - 20 + 37 MW– STG - 31.5 x 2 MW– Boilers - 265 x 4 T/hr