Saudi Refiners End Record-Breaking 2014 On A Crude Processing High

Saudi refineries processed a record 2.22mn b/d of crude oil in December, buoyed by the ramp-up of production at the 400,000 b/d Satorp refinery in Jubail (see p12). Further records will follow this year with the ramp-up of the 400,000 b/d Yasref refinery at Yanbu’, which processed its first crude in September and shipped its first fuel cargoes in January (MEES, 23 January).

Yasref, when fully...