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Saudi Arabia’s Luberef Secures Samref VGO
...ceives up to 50,000 b/d of RCO through pipeline connections to Yanbu’s refineries, while the Jeddah plant has had to receive its 24,500 b/d via tanker since the Jeddah refinery shut in 2017 (MEES, 24 November 2017). Yanbu RCO supplies were increased by 5,000 b/d in June 2023 under a new 12-month su...
Volume: 67Issue: 05Published at Fri, 02 Feb 2024 -
Oman 2020 Refining: Output Down, Exports Up, Jet Crashes
...Oman’s two refineries, 197,000 b/d Sohar and 106,000 b/d Mina al-Fahal, saw a second consecutive dip year-on-year in key products yields in 2020 though volumes remain well ahead of pre-2018 levels. The Sultanate saw a major capacity boost when Sohar was upgraded in 2017 (MEES, 23 February 20...
Volume: 64Issue: 05Published at Fri, 05 Feb 2021 -
Dow Impairs $1.73bn At Sadara, Eyes Debt Rejig
...odwill impairment and asset-related charges” of $1.733bn in 4Q19 associated with Sadara. The 3.22mn t/y Sadara petchems project was developed at a cost of $20bn. Sadara started up its central cracker in August 2016 and the last of its finished chemicals units a year later (MEES, 18 August 2017)....
Volume: 63Issue: 05Published at Fri, 31 Jan 2020 -
Sabic Reports Higher Profits As It Prepares For Aramco Buy-In
...3mn). Part of Sabic’s internal transformation includes bundling together assets in some of its less strategic businesses. Q4 2018 saw Sabic’s fertilizers businesses transferred to the standalone Sabic Agri-Nutrients Investments subsidiary. The unit, which in 2017 accounted for around 10.5% of total Sa...
Volume: 62Issue: 05Published at Fri, 01 Feb 2019 -
Iraq Hypes Over-Ambitious Refining, Export Capacity Targets
...aibi, with the unit due online by end-2018. The minister previously used this phrase in September regarding Salahuddin-1, but work on this appears to have been shelved in favor of Salahuddin-2 (MEES, 29 September 2017). Salahuddin-1 work will now take place “once the necessary funds have been al...
Volume: 61Issue: 05Published at Fri, 02 Feb 2018 -
Algeria’s Sonatrach Lines Up Majors For Petchems Projects
...d 9 bcm/year (870mn cfd) of output by the end of 2017. However, Sonatrach’s petchems plans – if all occurred as planned – would add over 650mn cfd to Algeria’s gas-based feedstock requirement by 2021. This need for gas, coupled with a major capital requirement, will likely thwart any rapid pe...
Volume: 60Issue: 05Published at Fri, 03 Feb 2017 -
Kuwait Refining Earnings Undermined By Weak Product Export Prices
...oject (CFP), which involves upgrading the existing Mina al-Ahmadi and Mina Abdullah refineries by the end of 2017 (MEES, 13 March 2015). The CFP is now more than 40% complete, Mr Mutairi says. Although Mr Mutairi did not name the other projects in the KD11bn of strategic projects, KNPC separately to Al...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
EGPC Outlay On Refinery Upgrades To Top $17Bn
...pansion Alexandria 60 2017 Alexandria Exp. Alexandria 100 na Sukhna Ain Sukhna 240 20...
Volume: 58Issue: 05Published at Fri, 30 Jan 2015