CAPEX & OPEX Refinery Cost per Barrel a Day Benchmarks

Total Installed Engineering, Procurement & Construction

(EPC) 2018 Cost Basis
# Description $ Low Cost per barrel $ High Cost per barrel
CAPEX Costs for various greenfield & add on refineries
1 S. E. Asia 125,000 b/d hydrocracker including ISBL & OSBL $22,700 $26,700
2 West Africa 225,000 b/d Greenfield ISBL / OSBL Refinery $18,500 $19,700
3 Middle East 250,000 b/d ISBL / OSBL Greenfield Refinery $24,100 $26,800
4 USA – Gulf Coast Gasoline / Diesel ISBL / OSBL 60,000 b/d Refinery $12,700 $15,300
Similar building as above constructed in following Countries:
5 Middle East 300,000 b/d ISBL / OSBL Greenfield Refinery $22,600 $26,900
# COUNTRY CITY LOCATION FACTOR $ COST PER SQUARE FOOT $ COST PER M2
6 USA – Gulf Coast Refinery ISBL
1
/ OSBL 50,000 b/d Refinery
Brazil Uberaba
Add on0.88
to existing facility $248
$13,200 $2,670
$22,200
2 China Wuhan 0.85 $240 $2,579
OPEX Costs per Year for a 50,000
3 b/dFrance
refinery Nantes 0.97 $274 $2,943
4 Germany Bremen 0.98 $276 $2,974
7 Management (7 to 10 Staff) 5 India Jamshedpur 0.86 $243 $800,000 $2,610$1,300,000
6 Italy Turin 0.94 $265 $2,852
8 Operators (30 to 60 hourly) 7 Mexico Tampico 0.85 $240 $2,100,000 $2,579$2,700,000
8 Norway Bergen 1.05 $296 $3,186
9 Maintenance / Repairs 9 Spain Bilbao 0.92 $259 $1,300,000 $2,792$2,000,000
10 Sweden Malmo 1.05 $296 $3,186
11 Switzerland Fribourg 1.06 $299 $3,216
10 Catalysts / Chemicals 12 Turkey Izmir 0.90 $254
$1,000,000 $2,731
$1,400,000
13 UK Bristol 1.02 $288 $3,095
11 Other Costs (Utilities / Insurance
14 / Office
USA / Guards /Trenton,
Misc.)NJ 1.00 $282 $700,000 $3,036$1,500,000

$5,900,000
Total OPEX Costs per Year For additional location factors refer to Compass International’s 2015 Global $8,900,000
Construction Yearbook (15th Edition)
or visit http://www.compassinternational.net/product/2015-global-construction-costs-yearbook/
12 50,000 b/d x 350 Production Dayssend
Please = 17.5
us Million
an e mailbarrels / yearlike an excel spreadsheet for this cost
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For additional benchmarks and similar types of construction cost refer to refer to our 2018 Front End / Conceptual Estimating Yearbook:
If you have any questions or comments on this report
please contact:
View our annual cost COMPASS INTERNATIONAL
John G. McConville, CCP estimating yearbooks at (215) 504 9777
Operations Director - Compass International www.compassinternational.net
Telephone in the USA (609) 577 4505 www.compassinternational.net
sales@compassinternational.net
sales@compassinternational.net
www.compassinternational.net