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Qatar Breaks Ground At $6bn Petrochemical Complex
...pacity in 2017, the facility’s scale has twice been revised up, to 1.9mn t/y in 2019 and subsequently to 2.08mn t/y. The new complex is slated for late-2026 start up when it will lift Qatar’s total petrochemicals capacity to 14mn t/y (MEES, 13 January 2023). The laying of the foundation stone ma...
Volume: 67Issue: 08Published at Fri, 23 Feb 2024 -
QatarEnergy To Take Over LNG Marketing Role
...e in one place. And the savings are huge. Two billion riyals operating costs saved annually” (MEES, 8 December 2017). The post-RasGas system had grown somewhat less unified of late, with QatarEnergy establishing its own LNG trading team. The new entity was announced in November 2020 with a ma...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Saudi Arabia’s Oil Export Revenues Jump To Three Year High
...salination. Combined crude burn and fuel oil consumption (the majority of which is burned) dipped slightly last year from 1.02mn b/d to 1.00mn b/d, but this was still the second highest annual figure on record. Since 2017, fuel oil burn has outstripped crude burn. But while fuel oil consumption dropped by 5% la...
Volume: 65Issue: 08Published at Fri, 25 Feb 2022 -
Egypt Downstream: ERC Boosts Output & Exports To 2020 Records Despite Covid Slump
...4,000 b/d, and overall oil demand was down 13% at 605,000 b/d, a 14-year low (see chart 3). Fuel oil fell the furthest, to just 34,000 b/d, a fifth of 2017 levels, as the country’s gas surplus (MEES, 12 February) enabled the all-but ending of the burning of fuel oil in power plants (see p15). *Last ye...
Volume: 64Issue: 08Published at Fri, 26 Feb 2021 -
Egypt’s Asorc Awards Assiut Hydrocracker
...kely optimistic given the preliminary nature of the latest contact. Asorc is one of a number of Egyptian refiners planning to improve Egypt’s refining sector. After processing an average 76,300 b/d of crude in financial year 2017-18, Asorc has announced plans for 4.1mn t/y (82,300 b/d) throughput in...
Volume: 63Issue: 08Published at Fri, 21 Feb 2020 -
Saudi Reaps Rewards Of Downstream Investment
...cord and just 1mn barrels shy of the monthly record set in February 2017. Even while being helped by drawdowns, the production surge will have placed a toll on infrastructure and may have contributed to recent, partial outages at the 1.5mn b/d offshore Safaniyah field reported by Reuters. The up...
Volume: 62Issue: 08Published at Fri, 22 Feb 2019 -
Oman Gets Long Awaited Output Boost From Sohar Refinery
...SI). Output of diesel, gasoline, jet-kerosene and LPG amounted to 204,000 b/d, compared with 177,000 b/d in Q4 2017 and 171,000 b/d for 2017 (see chart). State refiner Orpic announced mechanical completion of the Sohar Refinery Improvement Project (SRIP) in early 2017. SRIP raises crude di...
Volume: 61Issue: 08Published at Fri, 23 Feb 2018 -
Jacobs Snags Luberef Contract, Maintenance Curbs Refinery Runs
...ptember, which will be the first of four new refineries due on-stream by 2017 with a combined throughput capacity of 400,000 b/d (MEES, 21 September 2012). In Libya operator Lerco has declared force majeure at the 220,000 b/d capacity Ras Lanuf refinery until 7 March, according to Reuters. An 18 Fe...
Volume: 56Issue: 08Published at Fri, 22 Feb 2013