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Improvement of Shell's energy supply in Godorf refinery
STEAG starts new IPP-project with Deutsche Shell

Essen, Germany (ots)

Deutsche Shell GmbH, Hamburg and STEAG AG,
Essen have agreed to a co-operation to optimize the supply of energy
for the Shell refinery Cologne-Godorf (annual crude distilling
capacity of 9 Mio t). Therefore, they founded a joint venture (REG
Raffinerie-Energie Gesellschaft mbH) in which STEAG holds a share of
80 % and Shell of 20 %.
REG is taking over the existing power plant investing 70 Mio Euro
into flue gas cleanup facilities for the oil fired boilers and
efficiency improvements. REG plans to provide the refinery with a
more efficient supply of power and steam out of the modernized
utilities complex. The planning of the modifications has already
started. The new parts of the complex are expected to tart up by mid
2003, subject to the usual permit procedures.
As a consequence of the project executed by REG, the
Cologne-Godorf refinery complex will achieve a further optimization
of the energy supply in co-generation. "This project will improve the
environmental situation around the refinery further, in particular by
reducing NOx-, SO2- and particulates -emissions", said Willem
Schoeber, Shell Godorf refinery manager. It prepares the site for
future developments and strengthens its strategic position.
With this project STEAG, as IPP (Independent Power Producer),
takes another important step in the supply of energy for refineries.
After the new construction of a refinery power plant in LEUNA, STEAG
in co-operation with Shell now uses and broadens its expertise in an
existing refinery to improve the economy and environmental situation
in Godorf.
Marc Grünewald, STEAG-IPP managing director, states: "In
principle, it is our intention to develop a long-term co-operation in
this area with Shell, also on an international basis. We would
welcome similar projects in the area of energy supply of refineries
and chemical plants, and we consider this project an excellent start
with Shell."
Contact Shell:
Katja Konrad
Public Relations
Direktion Services
Deutsche Shell AG
Raffinerie Köln Godorf
Postfach 50 12 64
D-50972 Köln
Phone +49 2236 75 87 57
Fax +49 2236 75 82 03
Contact STEAG:
Dr. Peter Rzeznitzeck
Pressesprecher/Head Media Relations
Ruettenscheider Strasse 1-3
D-45128 Essen
Phone +49 201 801 2427
Fax +49 201 801 1195