With the commissioning of the “Deep Processing” plant in Pancevo, Serbia got a modern refinery that will be among the most modern in the region and Europe, said the editor of the Energy Balkans portal, Jelica Putnikovic.
The refinery in Pancevo is now more energy efficient, fuel consumption and fencing have been reduced, and domestic production of petroleum coke is starting, and the production of petroleum products will be increased, Putnikovic pointed out in a statement for Tanjug.
The beginning of “Deep Processing” brings numerous environmental benefits, and above all the cessation of production of fuel oil with high sulfur content and reduction of emissions of gases and powdered substances into the air, and Putnikovic points out that fuel oil is no longer used anywhere in the economy.
The refinery thus stops producing a derivative that it had nowhere to place, and begins to produce petroleum coke, which it previously imported to Serbia for the Smederevo Ironworks and certain cement plants that use it, Putnikovic stated.
She also emphasized that the capacities of the Pancevo refinery are such that they will be able to export oil coke.
The commissioning of “Deep Processing” enabled the production of a larger quantity of the highest quality fuels: diesel, gasoline and liquefied petroleum gas.
We now have a refinery that is more modern, for example, than two Croatian refineries, as well as a refinery in BiH, Putnikovic stated.
She says that thanks to “Deep Processing”, the placement of derivatives from Serbia in the region will be better, since NIS produces Euro 5 quality fuel, that is, it has reached European standards.
Oil refining in Pancevo will be more profitable because more expensive derivatives will be produced, which means that the profitability of our oil industry will be higher, Putnikovic emphasized.
The cessation of production of high-sulfur fuel oil will bring up to 98.8 percent reduction in SO2 emissions, 58.2 percent less emissions of particulate matter, 9.8 percent reduction in CO2 emissions and improvement of the refinery’s energy efficiency.
The “Deep Refining” plant, a key project in the second phase of the modernization of the Pancevo Oil Refinery, started operating today.
The plant was started by the President of Serbia, Aleksandar Vucic, at the push of a button, after the General Director of Gazpromneft, Aleksandar Djukov, and the Minister of Mining and Energy, Zorana Mihajlovic, deactivated the security system in the refinery’s command hall.
The “Deep Processing” project is worth 330 million euros, Dnevnik reports.
