18 June 2013 23:00 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Petroleum Co of Trinidad and Tobago (Petrotrin) has invited firms to submit proposals for a bottom of the barrel upgrade at its 168,000 bbl/day Pointe-a-Pierre refinery, the state-owned oil company said on Tuesday.
Bottom of the barrel, or residual fuel oil, is a heavier, lower grade product that can be used to create higher grade transportation fuels.
Interested parties have until 23 August to submit their proposals, the company said.
Pointe-a-Pierre, located some 35 miles (56km) south of the capital, Port of Spain, is Trinidad’s sole refinery, and it produces liquid petroleum gas (LPG), gasoline, fuel oil, jet fuel, kerosene, diesel and other products for the Caribbean, Central American and US markets.
The proposed bottom of the barrel upgrade is part of an ongoing modernisation project at Pointe-a-Pierre that began in 2005.
According to the company, the project also includes a gasoline optimisation programme (GOP) to increase the gasoline yield of the refinery and produce cleaner and more efficient fuels, and the construction of an ultra low sulphur diesel (ULSD) plant.
The GOP and ULSD projects are expected to be completed by the fourth quarter of 2013.
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