Indonesia has sent a letter to the Organization of the Petroleum Exporting Countries, or OPEC, to reactivate its membership in the group, a Ministry of Energy and Mineral Resources spokesman said. (Antara Photo/Aguk Sudarmojo)
Run Rates at TPPI Condensate Splitter Cut as Maintenance Extended: Sources
BY :MARK TAY & WILDA ASMARINI
MARCH 09, 2017
Singapore. Trans-Pacific Petrochemical Indotama (TPPI) has cut runs at its condensate splitter as maintenance was extended at other units at the site into the second-half of March, three industry sources with knowledge of the matter said on Thursday (09/03).
The 100,000 barrel-per-day condensate splitter, the only one in Indonesia, is now running at about 50 percent of its nameplate capacity, compared to usual operating rates between 80 percent and 90 percent, said a Pertamina official who declined to be named because he is not authorised to speak to the media.
The naphtha hydrotreater and platformer units at the plant, located in Tuban on the island of Java, are undergoing maintenance that is expected to continue until the third week of March, a second Pertamina official said.
Those units are fed by the output from the splitter meaning that as they remain shut the splitter must reduce its output.
Issues at the plant's platformer — a unit that changes naphtha from the splitter into feedstocks for blending into gasoline — began in January. Maintenance works at the unit began in mid-February and were scheduled for completion by the end of the month.
The condensate splitter's operating rates appeared to have increased to around 70 percent in early March, said an industry source who deals with the firm.
"TPPI is still producing naphtha now, but the naphtha is delivered to other refineries to produce gasoline," the second Pertamina source said.
Regional condensate values, in particular the Australian North West Shelf grade that the TPPI splitter processes, are expected to weaken because of the operational issues at the plant, said three traders that participate in the market.