REGIONAL/KUWAIT
Mideast Refining Capacity Edges Up, Runs Fall
Middle East refiners continued their capacity expansion in 2012, raising the region’s total crude distillation capacity by 1.1% to 8.255mn b/d, according to the BP Statistical Review of World Energy 2013. However, capacity utilization actually declined last year, with throughputs of 6.444mn b/d, down just over 1% from 2011’s record high of 6.519mn b/d.
Launching the review in London...
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