Skip to playerSkip to main content
  • 3 months ago
Transcript
00:00Headquartered in Ervil, Kima Al-Razan Company for construction and oil services has been
00:11operational across northern Iraq since 2017. From refinery planning and design to setting up oil
00:19plants, we have provided quality oil services to the region with integrity, professionalism,
00:25and accountability. At Kima Al-Razan, our vision centers on building a stronger community and we
00:33are faithfully invested in the prosperity of the Kurdistan region. With this vision,
00:42Kima Al-Razan is putting forth a proposal to build a fluid catalytic cracking unit in the
00:47Kurdistan region. The KRG houses several refineries producing a large quantity of oil products,
00:54including fuel oil which can be collected from those refineries and converted into more valuable
01:00products. Kima Al-Razan proposes to build an FCC plant that would convert fuel oil into useful
01:07products such as gasoline and diesel, of which KRG is in urgent need. In the FCC unit, heavy hydrocarbons
01:18from crude oil are broken or cracked into smaller hydrocarbons, which can then be processed into
01:24gasoline and other fuel products. The heavy hydrocarbons are first fed into a reactor where
01:30they mix with a catalyst. Heavy liquid hydrocarbons are converted to lighter hydrocarbon vapor as they
01:37travel up the reactor. At the top of the reactor, lighter hydrocarbon vapors are separated from the
01:43catalyst. The hydrocarbon vapors then flow to the main distillation column. The catalyst falls down the
01:50side of the side of the reactor where it moves through a side valve to a piece of equipment called
01:55the regenerator. The catalyst is then fed back to the reactor through a side valve and the cycle is
02:02repeated. When the coke is burned off the catalyst, this creates products of combustion called flue gas.
02:10Flue gas flows out the regenerator and enters a system comprised of multiple pieces of equipment
02:15which remove any remaining catalyst particles present. The regenerator and flue gas system
02:22comprise the air side of the FCC unit. Flue gas can be used in special equipment called an expander
02:30to generate electrical power. The fluid catalytic cracking unit would be built by one of two top
02:37licensors, Honeywell UOP or Axins North America Inc. Both companies boast decades of experience in building
02:45FCC units. The FCC unit would convert excess fuel oil into profitable products such as gasoline and
02:53diesel, yielding economic, geopolitical, and social advantages for KRG. KRG plans to increase the
03:01production of oil products and reach self-sufficiency in the next five years. Building an FCC unit would not
03:08only stop the drainage of hard currency from KRG, but also create economic dependency of neighboring
03:14countries upon oil products from the region, improving its economic situation. It would additionally help the KRG in
03:22gaining economic independence from Turkey and stop exports of fuel oil to Iran, giving the region greater
03:29geopolitical leverage, a significant step towards sovereignty. Building a fluid catalytic cracking unit also carries social
03:37advantages for KRG as hundreds of engineers, technicians, and educated university graduates
03:43would be able to apply their skills through employment at the unit and further build on them through specialized
03:49training. The proposed project is crucial for KRG in utilizing excess fuel oil, saving hundreds of millions of
03:58millions of dollars over the years by reducing imports of oil products, enhancing its geopolitical clout, and further
04:06developing the region. Therefore, Kimah al-Razan believes that the project must receive adequate funding in order to
04:14provide economic, geopolitical, and social benefits to the region.
04:18the region.
04:30o
04:34o
04:37o
04:38o
04:39o
04:40o
04:42o
04:42o
04:43o
04:44o
04:44o
04:44o
04:45o
04:45o
04:46o
04:46o
Be the first to comment
Add your comment