OPEC/GENERAL

IEA Sees Middle East Refiners Adding 2.5Mn B/D Of Capacity In 2013-18
 
The International Energy Agency (IEA) says that an “aggressive” refining expansion in the Middle East will add 2.5mn b/d to the region’s crude distillation capacity during 2013-18.
 
In the latest Medium-Term Oil Market Report, published on 14 May, the IEA says that the Middle East will account for 22% of a predicted 9.5mn b/d rise in global refining capacity over the next...