Napaporn Ratanapoka is the Refinery Technical Manager for PTT Global Chemical.
Q1. What do you see as the single biggest challenge facing Asia’s refining sector today?
More stringent product specifications, for example, Ultralow Sulphur Diesel (10 ppm Sulphur), FO 0.5% Suphur, will lead refinery to have a major investment.
Q2. What do you see as the biggest opportunity for Asia’s energy market in the next 12 months?
There is still have demand growth in Asian, especially India and China, so Petroleum products spread over crude still be maintain at this level. However, more synergy between Refinery and Petrochemical plants will give significantly improving in overall margin.
Q3. Why do you think events such as ARTC 2017 are important? What do you find most beneficial about attending?
To attend the events like ARTC, we can get not only the current technology development and economics trends from experts, but also obtain the networking with other Refineries/operating companies, which you can take back home to apply in your current business.
Q4. You will be joining a panel at ARTC 2017 on the topic of ‘Outlook on declining margins and future direction for Asia’s refining sector.’ Can you give us a brief insight your initial thoughts on this topic?
How do you feel that Asia’s refining sector has evolved over the last 12 months?
As per oil price significantly drop in the past few years, so it was impact directly to stock gain/loss than the refinery margin. Risk management to reduce impact of oil prices volatility has been in more focus.
Refinery margin improvement is something like “Business As Usual” in order to keep competitiveness in the market. To get all employees to realised that Refinery Margin improvement is not only gained by new technology applied or plant modification, some refineries have asked Consultant as the 3rd eye view for finding the gap to improve in the whole work processes and performing the changes which clearly identified as a fast track program.
Napaporn Ratanapoka will be joining a Refiner panel at ARTC 2017 on the topic of ‘Outlook on declining margins and future direction for Asia’s refining sector.’ taking place on 29th March (Day 1) of ARTC.