Risk Management & Governance
Establishing rigorous transparency, accountability, and independent professional advice.
Key Due-Diligence Areas
Refinery projects require substantial capital, sophisticated technology and strict regulatory compliance. HEXA's framework systematically evaluates every core domain.
Technical
- Process technology selection
- Plant configuration & Capacity
- Equipment integrity
- Reliability & Maintenance
- Future expansion potential
Financial
- CAPEX & OPEX validations
- Revenue & Cash flow modeling
- Debt & Working capital
- Taxes implications
- Assessment of existing liabilities
Legal
- Ownership & Corporate structure
- Land rights & title
- Licences validity
- Contracts & Litigation history
- Encumbrances checking
Environmental
- Environmental approvals
- Emissions tracking
- Waste management systems
- Water requirements
- Historical environmental liabilities
Commercial
- Feedstock availability & supply
- Product demand projections
- Offtake agreements
- Transportation & Storage
- Market pricing dynamics
Regulatory Focus
HEXA strictly prioritizes early consideration of licensing, environmental and compliance requirements.
OGRA Licensing
Pakistan's current policy framework requires an OGRA licence for construction and operation of a refinery, making regulatory planning an integral part of the project-development strategy.
Risk Mitigation Strategies
Investment decisions are strictly based on independently validated project economics. HEXA actively manages and offsets project risks through: