ChevronTexaco Worldwide Gasification Technology, Inc. Transitions And Vision Going Forward. Presented by William E. Preston

Transcription

1 ChevronTexaco, Inc. Transitions And Vision Going Forward Presented by William E. Preston October 13, 2004 Gasification Technology Council San Francisco, California ChevronTexaco 2002

2 Status of the Gasification Technology Current Licensed Syngas Capacity 6 Power Fertilizer Chemicals Hydrogen 5 Billion SCFD Additions by Decade

3 Gasification Value Chain Drivers Challenges Clean Coal to Power (IGCC) Emission Reduction Energy Reliability Natural Gas Price Reprocess High S2 Coal Flexibility Capital Cost Risk Mitigation Natural Gas Price Hydrogen Processing Energy Reliability Reprocessing low value fuels Natural Gas Price Energy Reliability Capital Cost Risk Mitigation Experience O&M Performance guarantees Experience O&M Relative Size of Business Industrial Cogen & Polygeneration Syngas Hydrogen Chemicals Fertilizer 3

4 ChevronTexaco Gasification Process COMMERCIAL SYNGAS APPLICATIONS Chemicals Liquid 53.8% 69.6% 10.1% CHEVRONTEXACO GASIFICATION PROCESS: 65 Facilities in current operation ( 110 Gasifier Vessels) 5.0 billion standard cubic feet/day syngas 20.3% Solid FEEDSTOCKS Gas 46.2% Power END PRODUCTS Americas - 16 USA - 16 Oldest Plant: 1979 Europe - 22 Germany - 7 France - 5 Italy - 5 U.K. - 2 Spain - 2 Sweden - 1 Oldest Plant: 1958 Asia - 27 China - 15 Japan - 6 Singapore - 2 India - 1 South Korea - 1 Taiwan - 1 Australia - 1 Oldest Plant:

5 ChevronTexaco Worldwide Gasification Technology Inc. - Strategy Refocus to licensing Equity in our facilities Focus on the customer client centric Aggressively improve the technology Customize our efforts in selected regions/industries sectors 5

6 Strategic Focus Regions! Asia! Americas! Europe Industry Sectors! Refinery! Chemicals! Power Client Centric 6

7 Regional Market Dynamics: Asia Drivers Energy security Fuel diversity International showcase 2008 Olympics 7

8 China: A ChevronTexaco Success Story Over twenty years Total of 18 TGP plants licensed 70% Market share High domestic content Beijing office Significant environmental benefit 8

9 CVX Gasification In China Urumqi Resid to Ammonia 1985 Jilin & Haolianghe VRO / Coal to NH3 2003/ 2004 Daqing Heavy Oil to Chem Dalian Resid to Ammonia 1996 Shougang Coal to Fuel Gas. On Hold Beijing No 4. Chem Heavy Oil to Chem Ningxia Resid to Ammonia 1988 Lunan Coal to Ammonia 1993 LEGEND: Project, Description, Start-up 14 In Operation 4 Eng../ Construction Weihe Coal to Ammonia 1996 Huainan Coal to Ammonia 2000 Nanjing & Jinling Pitch to Ammonia Coal & Petroleum Coke to Ammonia 2000/2005 Shanghai Chem. Coal to Methanol & Town Gas 1995 Zhenhai Resid to Ammonia

10 CVX Gasification Experience in China Plant Feedstock Products Gasifier Type Startup Zhenhai Oil Ammonia/Urea Q 1983 Ningxia Oil Ammonia/Urea Q 1983 Urumqi Oil Ammonia/Urea Q 1985 Daqing Oil Oxochemicals Q 1986 Dalian Residual Oil Ammonia Q 1995 Beijing Heavy Oil Oxochemicals Q 1995 Lunan Coal Ammonia Q 1993 Shanghai Coal Town Gas/MeOH Q 1995 Weihe Coal Ammonia/Urea Q 1996 Huainan Coal Ammonia/Urea Q 2000 Ningxia NG Ammonia Q 2000 Sinopec Nanjing Eurika Pitch Ammonia Q 2002 Q: Quench type gasifier FHR: Gasifier with full heat recovery

11 China Major Licensing Milestones 2003 Three Licenses Award in 2003! Total syngas capacity = 4,410,000 NCM per day Three plant start ups in 2003! China/TGP/NG! China/TGP/Oil! Japan/TGPS/Oil Four Project in EPC[1] stage! China/TGP/Coal! China/TGP/Petcoke & Coal! Taiwan/TGP/Oil! China/TGP/Coal 11

12 Regional Market Dynamics: Americas Drivers Increasing heavy oil Increasing need for hydrogen Increasing natural gas price Pending mercury regulation Energy security Developing focus on CO2 12

13 CVX Gasification Experience in the Americas Chemicals Refining Utility Power Eastman Chemical Tennessee Texas Farmland ExxonMobil Baytown Air Liquide Air Products Union Carbide T & P Frontier Motiva Delaware City Convent Tampa Electric 13

14 Regional Market Dynamics: Europe Drivers Increasing heavy crude Rapidly decreasing value of heavy oil products Kyoto Protocol: carbon dioxide, emission trading Increasing need for hydrogen Re-examination of coal usage 14

15 CVX Gasification Experience in Europe Chemicals Noroxo, France Oxochimie, France Air Liquide, France BASF, Germany Huels (Degussa), Germany SAR, Germany Air Liquide, Germany DEA, Germany Praxair, Italy Praoil, Italy GE Plastics, Spain Perstorp, Sweden Air Products, U.K. BP Chemicals, U.K. Refining/IGCC Sarlux, Italy Api Energia, Italy ISAB, Italy 15

16 Client Centric Committed to a client centric approach! Client vs. customer approach! Existing clients! Perspective clients! Regional team approach Promises and commitments we make to clients February 2004 Licensing Symposium 16

17 What lies ahead? Fertile market opportunities globally Asia: chemical market expands to polygen and power America: refinery application, utility power Europe: refinery, chemicals and coal-fired power 17

18 Conclusion Beneficial use of low value feeds Make products that the world needs Focus on the clients Superior environmental standards 18