1. Tupras Sees $2.7Bn Izmit Upgrader Boosting Refining Margins

    ...sulfurization   25.2 Sulfur Recovery   440 T/D SOURCE: TUPRAS TUPRAS KEY INDICATORS (‘000 B/D)   2010 2011 2012 20...

    Volume: 58
    Issue: 14
    Published at Fri, 03 Apr 2015
  2. KBR Wins Jebel Ali Splitters Upgrade FEED

    ...ntract, capacities of the new units or the project schedule. It recently said its refinery throughput was 28% higher in 2013 than in 2011, while revenues increased by 50% and profits by 39%. Yet losses on fuel sales within Dubai, because of subsidies, are forcing the company to seek better returns el...

    Volume: 57
    Issue: 14
    Published at Fri, 04 Apr 2014
  3. Sukuk Investors Provide $2Bn To Sadara Project

    ...port refinery was the first in Saudi Arabia ever to issue Sukuk for a project in October 2011, but this replaced other financing that had already been received.   Sadara said that the floating rate Sukuk, which carry a 16 year maturity, will pay investors 95 basis points (bps) over the Saudi in...

    Volume: 56
    Issue: 14
    Published at Fri, 05 Apr 2013