Haifa Refinery Project
Summary Information
- Ownership: ORL
- Website: http://www.orl.co.il/
- Wiki Page: Haifa Refinery
- Location: Haifa, Israel
- Capacity: million tons/annum & bbl/day
- Nelson Complexity:
- Project Stage:
- Expected Completion: 2012
- Budget: $500 million
The Project
- Project Type: Upgrade
- Project Summary: The project involves the addition of a Hydrocracker. Once established, the Hydrocracker is expected to increase the Company's Nelson Complexity Index (NCI), currently 7.4, to over 9.
- Main Contractors:
Refining Units
- Hydrocracker - 25,000 bpd
Terminal Capacity
- Crude Oil:
- Refined Products:
Crude Supply
- -
Products Produced
- The yield of jet fuel and diesel will increase
Other Information
- As part of the financing framework the Company signed an agreement of principles to receive $600 million dollars in financing from a syndicate of local banks, led by Bank Hapoalim.
- Additionally, the US Congress has approved a $300 million backing from Ex-Im Bank, designated for the financing of equipment to be purchased outside of Israel.
Relevant Links
page revision: 5, last edited: 02 May 2012 11:35
