Really man, a brownfield expansion is vastly different than a green field new build. Refineries are ridiculously expensive to build. Just look at Voyageur in FMM. That's a 250kbpd upgrader and it's coming in over $10B (burn_this_city..where's it at? Been a while since I was in Major Projects). And an upgrades is just a really simple refinery. Add in cat crackers, HF units, etc and we're talking a ridiculously uneconomic sum of money. There is no way this thing gets built.
|