Refinery process units It will be shown later that an alternate to the "grass-roots refinery" is to take advantage of an existing infrastructure (oil products distribution facilities for instance) to which are connected new process units to obtain the same refining capacity as the intended "grass-roots refinery":

As first approach, corresponding figures are:

Investment range : ...................................US$ 30 million / 10 000 Bpsd (topping capacity)

Investment + Financing(range) : ...............US$ 33 million / 10 000 Bpsd (topping capacity)

Pay-out time advised to consider: ............3 years

Operated capacity: ..................................100 %

This gives a range of the weight of the only investment in the refining project:

Crude refined over the 3 years: ................#10000*330*1*3 = 10 million Bbl

Investment cost per Barrel: .................# US $ 3 / Bbl

During 3 years

After 3 years :

Processes are still up to date. Products specifications have not changed.

Equipment is still new: means few repairs and no costly maintenance.

Short term local economy growth is usually close to initial forecasts

Investment cost per Barrel: .................# US $ 0 / Bbl

After first 3 years