EXPERIENCE

Promoter has been used to prepare feasibility studies and/or bankable reports for the following projects:

Oil Refineries/Condensate Treatment

a grass roots condensate refinery producing a full range of refinery products, from mixed LPGs to fuel oil, at a location in Western Europe

a grass roots condensate refinery producing a full range of refinery products, from mixed LPGs to fuel oil, at a location in the Middle East

* a grass roots deep conversion refinery producing a full range of refinery products at a location in the Middle East

Gas Processing

a 600 MMscfd LNG (Liquefied Natural Gas) plant in two streams

a gas field development including liquids separation and pipeline for the export of natural gas

Pipeline Projects

400 kilometre LPG and 200 kilometre associated gas pipelines from an oil field to the main consuming area for a client in the Middle East. The financial arrangements were based on a production sharing agreement typical of an oil field development.

* a 300 kilometre multi-product pipeline in Eastern Europe. The software was used to examine various alternative scenarios and to select the optimum strategy.

Fertilizers

Urea for an operating company in the Middle East

Ammonia and Urea for a prospective investor in South East Asia

Granulated Urea or Urea Ammonium Nitrate solution for a major operating company needing to make a choice between the these two alternative plants at one of its existing sites in the Americas

Ammonia and Urea for an operating company in West Africa

Ammonia and Urea for a promoter in South Asia

Grass roots ammonia and granulated urea for a project under construction in South Asia, financed with a complex structure of several loans

Granulated Urea or Ammonium Nitrate for an operating company needing to make a choice between the these two alternative plants at one of its existing sites in North Africa 

One of these projects entailed the addition of a urea plant at a site which already contained ammonia and methanol plants. Promoter calculated the cash flows with and without the new plant. As in the case of the methanol plant, the Urea plant uses carbon dioxide from the ammonia plant as one of its feedstocks. Above a certain capacity the urea plant will constrict the capacity of the methanol plant. Promoter had to take account of these effects and calculate the optimum capacity of the urea plant.

Power Projects

350 MW IGCC power station in Europe.

various small power stations in Europe

coal fired power station in China

gas fired power station in South Asia.

100 MW combined cycle power plant and desalination units in Latin America*

Harbour Projects

expansion of a harbour facility in Africa

* denotes that Promoter was used to determine the optimum capacity and/or configuration of the project.

General Comments

On one of these projects, Promoter was used to reproduce the audited accounts of the single project company, from the time when the plant was contracted for, through the construction period and for the first four years of plant operation. This exercise proved the validity of the formulae and procedures used in Promoter.

Management Training Courses

The Upstream and Downstream versions of Promoter have also been used in a number of management and project finance training courses in the UK and abroad; at in-house and public conference centres.

Client Reference List A client reference list may be supplied on request