By Euro Weekly News Media •
Published: 31 Jan 2013 • 0:00
BIG OUTLAY: Repsol’s Cartagena oil refinery is being transformed.
THE LARGEST industrial investment in the history of Spain will make the oil refinery in Cartagena (Murcia) one of the most modern and productive in the world.
Extension works on the complex costing €3,000 million will allow the refinery to process 220,000 barrels of crude oil per day and to supply diesel and kerosene to a Spanish market in shortage.
It also guarantees the future of the industrial plant, doubling its number of employees. “The Cartagena refinery had a very simple production scheme, which only admitted rare and expensive ‘sweet’ crudes. Now, our technology accepts almost any crude and transforms it into ‘noble’ top quality and clean fuels” said Repsol’s José Luque. .
Thirty new production units will increase Cartagena’s capacity to refine heavy crude oils from 6 per cent to 70 per cent. This will improve profit margins as well as help guarantee supplies of fuel to Spain, because heavy crudes will be a very important source of hydrocarbons in coming years.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Share your story with us by emailing firstname.lastname@example.org, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Download our media pack in either English or Spanish.