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Investment of more than € 3.2 billion

Repsol approves the largest industrial investment ever made in Spain

  • The Cartagena refinery will become one of the most modern refineries in the world, with one of the largest conversion capacities.
  • It will double its production capacity to 220,000 barrels per day.
  • More than 6,000 people will work there during the construction.
  • The new installations will maximise the production of clean transportation fuels.
  • It will significantly reduce the diessels deficit in Spain.
  • Executive Managing Director of Downstream for Repsol, Pedro Fernández Frial, announced the final approval of the project to the President of the Autonomous Community of Murcia, Ramón Luis Valcárcel, and to the Mayor of Cartagena, Pilar Barrieros.

Press Release

8 January 2008 13:17 CET

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The Repsol YPF’s Board of Directors has approved an investment of more than € 3.2 billion for the expansion of its refinery in Cartagena. With this investment the complex will become one of the most modern refineries in the world and will double its production capacity to 11 million tonnes/year (220,000 barrels per day).

The President of the Autonomous Community of Murcia, Ramón Luís Valcárcel, and the Mayor of Cartagena, Pilar Barreiros, visited the Complex today together with Pedro Fernández Frial, Executive Managing Director of Downstream for Repsol, who informed them of the final approval and the scope of the expansion project for the Cartagena refinery. 

This project, which is scheduled to start in 2011, will provide employment to more than 6,000 people during the construction and will generate around 700 jobs once in operation.  The development of this project for the Cartagena refinery will represent more than 3.5 million engineering hours and 20 million construction hours.

With the new unit in operation, the Cartagena refinery will become one of the most modern refineries with one of the largest conversion capacities in the world and will maximise the production of clean transportation fuels.

After the planned investment, more than 50% of the complex's production will be medium distillates, mainly diessels, which will contribute to significantly reducing the growing deficit of these products in Spain. 

The investment approved by Repsol is part of its refining strategy, which among its objectives aims to increase the oil distillation and conversion capacity in Spain and help remedy the current deficit of medium distillates on the Spanish market. 

The Cartagena project forms part of Repsol’s programme to adapt its installations for the production of clean transportation fuels, promote the use of biofuels (biodiesel) and improve energy efficiency, safety and the impact on the environment.  

The financial and industrial scale of the project make this the largest industrial investment ever to be made in Spain and reflects the firm commitment of a Spanish and international company, such as Repsol, to the economic and social development of the country. 

Scale of the project

Scope of the project:

• Atmospheric Distillation Unit (5.5 Million tonnes/year). 
• Vacuum Distillation Unit (5.0 Million tonnes/year).
• Hydrocracking Unit (2.5 Million tonnes/year).
• Coker Unit (3.0 Million tonnes/year).
• Desulphurisation Unit (3.0 Million tonnes/year).
• Hydrogen Production Unit. 
• Additional Plants.
• Auxiliary installations.
• Cogeneration Plant (40 MW)
• Modifications to existing units. 
• Expansion of auxiliary service, storage, interconnection and transport system infrastructures. 
• Cartagena-Puertollano Pipeline

Significant figures:

• 30 new processing units
• New 40 megawatt cogeneration unit
• 2,500 equipment units
• 300,000 m3 of new storage facilities
• 60 hectares of new surface area
• 35,000 tonnes of steel
• More than 1,000 Km of pipes
• 4,500 Km of cables
• Electricity consumption of 70 Megawatts (current refinery is 23 Mw)
• 3.5 million engineering hours
• 20 million construction hours

Employment figures:

• 2,200 new jobs (300 direct, 400 indirect and 1,500 ancillary).
• 3,500,000 contracted engineering man-hours. 
• 20,000,000 direct construction man-hours. 
• 3,000 people/day during the construction peaking at times to 6,000 people.

Economic impact of the project

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