how much does it cost to build an oil refining in thailand

   
how much does it cost to build an oil refining in thailand
                                               
                                               
                                               
                                               
  • how much does it cost to build an oil refining in thailand
What is the cost structure of oil refinery in Thailand?

The cost structure of the business is mostly variable costs. The cost of raw material, in this case is crude oil, accounts for 75-85% and the rest of the costs are depreciation, labor, utilities and others. As of 2018, there¡¯re 6 oil refinery companies in Thailand and the capacity to refine crude oil is at 1,234,500 Barrel/day.

What is the refining capacity of Thaioil refinery?

Today, Thaioil refinery has a petroleum refining capacity of approximately 12,000 million liters per year or about 21% of the nation¡¯s overall refining capacity and capable of meeting the domestic demand for petroleum at 35%. Thaioil refinery has been designed to create maximum value from the production system.

How many barrels a day does Thailand refinery produce?

Demand and Supply of Crude Oil and Oil Production in 2019 (Barrels/Day) Source: Department of Energy Business (DOEB) Thailand¡¯s refinery is currently running at 69% capacity and is expected to reach 1,234 Thousand Barrels per day (KBD).

How much does it cost to build a refinery in India?

For example, the construction cost of the Jamnagar refinery complex in Gujarat (India) was about $6 billion due to its location, being one of the largest and most sophisticated refineries globally. Secondly, the size and technical complexity of the refinery also influence the total construction cost.