Page 30 - Annual Report 2014 - RECOPE - ENG

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RECOPEANNUALREPORT2014
Minor works
Construction of the Refinery Tanks (1250-558)
It consists of the construction and interconnection of three tanks, one
with a capacity of 100,000 barrels for premium gasoline, one for 100,000 barrels for
bunker and another one of 350,000 barrels for diesel.
The development of detailed engineering and construction phase
have been conducted in parallel, resulting in the completion by 2014 of excavation
activities, filling and casting of the foundation ring for bunker and premium gasoline
tanks; while placing the seal ring and steel ring foundation for the diesel tank. Progress
was also made in the supply of electrical and steel materials.
Loading facilities
For this project, a budget of ¢1,047.9 million was established from
a modified amount to December 31, 2014 of ¢1,069.47 million, which is almost
completed. Full operation is expected for the year 2015, for which the coordination
work between the Distribution and Sales Management and the SAP Systems Group
from RECOPE is necessary.
Relocation of the pipeline for Dock Refinery
For this project, a budget of ¢441.89 million was established from a
modified amount to December 31, 2014 of ¢525.3 million. To this date, all installed
lines are operational, 20” of diameter Crude, 20of Diesel, 6 for AvGas, 20” for gasoline
and 20” for Jet Fuel. For December, provisional acceptance was obtained and final
acceptance is underway.
Terminal at Daniel Oduber Q. Airport
The new RECOPE Terminal at International Airport Daniel Oduber Q.,
in Liberia, was completed and inaugurated in March. The works had a total cost of
$16,994,000, which was capitalized before December 31st.