Wednesday, September 28, 2005

CEPSA expands operations in the Campo

The Spanish Oil Refinery CEPSA is planning expansion of its operations in the Campo de Gibraltar area of the Bay of GibraltarSpanish oil company Cepsa refinery plans to expand its refinery in the Campo de Gibraltar as part of a broader investment plan worth 1.2 billion Euros.

The company said it would build a new vacuum distillation unit and upgrade the existing mild hydrocracker conversion unit at its local refinery in order to increase production of fuels such as kerosene and diesel, known in the industry as ‘middle distillates’.

Additional expansion is also envisaged at the company’s ‘La Rabida’ refinery in Huelva.

Once complete, Cepsa’s total distillation capacity will exceed 25 million tons of crude oil per year, which will increase middle distillate production by 2.7 million tons per year.

The move is largely in response to a growing shortage of kerosene and diesel on the European petroleum product market, and which in Spain’s case requires importing 13 million tons of these products annually.

Cepsa will also earmark funds towards enhancing energy efficiency at its refineries to reduce carbon dioxide emissions and adapt its facilities to the European Union’s Integrated Pollution Prevention and Control Directive, increasing the production of raw materials for its petrochemicals segment and optimising its productive processes, the company said in a statement.

Related Links and Articles:

The Environmental Safety Group (ESG)

17 June 2005 - Bay Bucket Brigade visit the Andalucian Ombudsman

27 May 2005 - Junta intensifies efforts to combat Campo Pollution

25 May 2005 - CEPSA emissions within the Law - Confirmed

24 May 2005 - BBB responds to confusion on Benzene level limits

18 May 2005 - IU express concern in Andalusian Parliament

13 May 2005 - CSIC report confirms high levels of pollutants in the Bay of Gibraltar

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