Corrected: New Zealand's NZRC shuts down crude distillation unit

25 February 2009 10:14  [Source: ICIS news]

Correction: In the ICIS news story headlined "New Zealand's ZRC shuts down crude distillation unit" dated 25 February 2009, please read in the fifth paragraph ...northeast of the city of Auckland... instead of ...northwest of the city of Auckland....A corrected story follows.

SINGAPORE (ICIS news)--New Zealand Refining Company (NZRC) has shut down a crude distillation unit (CDU) and two secondary facilities at its 100,000 bbl/day Marsden Point refinery for planned maintenance, a source close to the company said on Friday.

The refinery’s 60,000 bbl/day CDU No 1, along with a 28,000 bbl/day naphtha reformer, and a 27,000 bbl/day gasoil hydrogen desulphurisation unit (HDS) were taken off line on 21 February and will restart on 8 April.

CDU No 1 will be shut again for three weeks in September as part of the plan to raise its capacity to 90,000 bbl/day.

The expansion of the CDU capacity will enable NZRC to produce sufficient long residue to meet oil product demand, and feed its 29,500 bbl/day hydrocracker. At present, the refiner has to import additional long residue in order to meet its requirements.

Situated on New Zealand’s North Island, northeast of the city of Auckland, Marsden Point is the country’s sole refinery. It produces petrol, diesel, aviation fuel and other petroleum products for the New Zealand market.

Four oil companies: BP, Caltex, Mobil and Shell are significant shareholders in NZRC.

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By: James Dennis
+65 6780 4359



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