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Iran Targets 3.5mn b/d Refining Capacity
...ocessing facilities at Assaluyeh. The facility was one of the key projects awarded after sanctions were lifted in 2016. A heads of agreement (HoA) for a $3bn deal to construct the facility was signed with Korea’s Hyundai Engineering and Construction, Daelim, and Japan’s Chiyoda in 2017, with estimated co...
Volume: 65Issue: 04Published at Fri, 28 Jan 2022 -
Oman Smashes Records In 2018 With Refining and Gas Push
...om 171,000 b/d in 2017 to 220,000 b/d in the last nine months of 2018 and increasing crude refining capacity from 116,000 b/d to 198,000 b/d. State refiner Orpic announced technical completion in 2017 after years of delay (MEES, 17 February 2017) with a 1Q 2018 ramp up (see chart 1). The upgrade at So...
Volume: 62Issue: 04Published at Fri, 25 Jan 2019 -
Egypt Refining Sector Start-Ups Will Reduce Imports, But Bill Will Keep Rising
...tput steady EGPC has only made sporadic upgrades to its refineries, which have been unable to keep up with demand. Demand hit a record 852,000 b/d in 2016. It has since dipped to 815,000 b/d in 2017 but that is in part due to Egypt’s attempts to phase out subsidies. Cairo benefitted in the wake of th...
Volume: 61Issue: 04Published at Fri, 26 Jan 2018 -
Egypt’s $3.7bn ERC Project On Schedule
...The Egyptian Refining Company (ERC) joint venture is on schedule to start production at its $3.7bn hydrocracker-based project at Musturud near Cairo in the first quarter of 2017, according to Managing Director Muhammad Sa’d. “We have so far completed 80% of the construction work and we wi...
Volume: 59Issue: 04Published at Fri, 29 Jan 2016 -
Saudi Capacity Tops 2.9mn B/D As Yasref Ships First Products
....5 Sinopec Total Capacity 2,905 Jazan 400 2017 100 En...
Volume: 58Issue: 04Published at Fri, 23 Jan 2015