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Gas Plant Inauguration Boosts Iran’s Petchems Outlook
...an’s demand for gas feedstock (MEES, 10 October 2014). Much of this has been sourced from the giant South Pars gas field which Iran shares with Qatar, but Iran’s routine flaring of associated gas has long offered another source. Iran’s wasteful flaring puts it behind only Iraq (see p4) in the re...
Volume: 64Issue: 04Published at Fri, 29 Jan 2021 -
Egypt Refining Sector Start-Ups Will Reduce Imports, But Bill Will Keep Rising
...further slippage. Updates from Enppi suggest that the start-up schedules may be further delayed. Enppi is also building an asphalt unit for Suez Oil Processing Co (SOPC). When awarded the project in late 2014, Enppi anticipated completion in 2017, which suggests that 2018 is still achievable. Ho...
Volume: 61Issue: 04Published at Fri, 26 Jan 2018 -
Egypt’s $3.7bn ERC Project On Schedule
...mpany (CORC) refinery, for upgrading into 75,000 b/d of mainly lighter products (MEES, 25 April 2014). However, Mr Sa’d told Egypt Daily News that ERC will need to import 1.2mn tons/year (24,000 b/d) of crude oil feedstock, as CORC’s fuel oil production will not meet the cracking unit’s needs. He sa...
Volume: 59Issue: 04Published at Fri, 29 Jan 2016 -
Saudi Capacity Tops 2.9mn B/D As Yasref Ships First Products
...erations began in June 2014 – will receive crude from the 900,000 b/d Manifa offshore oil field, which had been due to reach full capacity at end-2014 (MEES, 28 November 2014). SAUDI ARABIAN REFINERIES Refinery ‘000 B/D Start-Up...
Volume: 58Issue: 04Published at Fri, 23 Jan 2015 -
Saudi, UAE Refinery Throughputs Down
...e Takreer Expansion plant, with a view to full start-up in early 2015. Meanwhile, analysis of the JODI numbers shows that Saudi refinery outputs exceeded crude inputs by an average 138,000 b/d over the 12 months to November 2014. While monthly differentials will rise and fall because of products st...
Volume: 58Issue: 04Published at Fri, 23 Jan 2015 -
Saudi Petchems Income Curbed By Oil Price Crash, Uncertain 2015 Ahead
...SAUDI ARABIA Saudi Petchems Income Curbed By Oil Price Crash, Uncertain 2015 Ahead Saudi Arabia’s 14 traded petrochemicals companies saw their overall market capitalization increase slightly last year, but newly-released financial results show the impact of the fourth quarter 2014 sl...
Volume: 58Issue: 04Published at Fri, 23 Jan 2015 -
Saudi Petchems Firms Report Mixed 2013 Fortunes Amid Tough Market Conditions
...rnings in 2014, while SIIG will benefit from improved operating efficiencies at existing plants. Petrochem’s decreased losses resulted from improved operations at the Saudi Polymers plant, although it “has yet to reach the design capacity in all its operating units.” Output at full capacity would in...
Volume: 57Issue: 04Published at Fri, 24 Jan 2014