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GCC Deepens Africa Ties, Starting 2025 With Record Oil Product Exports
...ate energy firm OQ has also expanded into distribution in Africa. It took a 40% stake in Kenya-based Hass Petroleum through its subsidiary OQ Trading back in 2017. The company operates more than 150 retail stations across nine countries in central and east Africa. Oman, like other countries in the GC...
Volume: 68Issue: 15Published at Fri, 11 Apr 2025 -
Kuwait’s KPC Plans Merger Of Refining Subsidiaries
...2017 to oversee development of the Al Zour refinery and LNG import terminal, but now its role has transitioned to managing their operations, and there could be efficiency gains if this is done in greater alignment with KNPC. Al Zour exports in Q1 equated to around a third of Kuwait’s overall re...
Volume: 67Issue: 15Published at Fri, 12 Apr 2024 -
Egypt Petchems Producers Target New Products, Increased Exports
...lyethylene (PE) plant (MEES, 7 February). The polybutadiene plant will cost $180mn and take two years to build. Ethydco produced 367,000 tons of ethylene in 2019, as well as 363,000 tons of polyethylene for local consumption and export. Ethydco’s exports during 2017-19 earned $929mn. NEW CH...
Volume: 63Issue: 15Published at Fri, 10 Apr 2020 -
Israel Oil 2018 Data: Gasoline Imports At Record On Refinery Outage
...62mn tons (77,000 b/d) or 2017, a year that saw renovation, a strike and a fire at one of its diesel units (MEES, 1 September 2017). Paz increased its crude throughput capacity from 4.5mn tons (90,000 b/d) in late 2013 (MEES, 29 August 2014). *But overall, the gains at Paz were not enough to make up...
Volume: 62Issue: 15Published at Fri, 12 Apr 2019 -
Iraq’s Downstream Dreams: Back To Square One?
...llowing the Islamic State insurgency in 2014 (MEES, 28 September 2018). Current output stands around 30,000 b/d, with trucked export volumes hitting 23,000 b/d in March. Despite suffering reservoir damage during the Islamic State’s retreat in 2017, the ministry says production could reach 60,000 b/d; So...
Volume: 62Issue: 15Published at Fri, 12 Apr 2019 -
Aramco Strides Towards Global Downstream Transformation
...els and petchems markets. “Investing in India is a key part of our company’s global downstream strategy,” says Aramco chief executive Amin Nasser. The project will enable Aramco to expand beyond its roles as a key crude supplier to India - Saudi Arabia exported 717,000 b/d of crude to India in 2017, al...
Volume: 61Issue: 15Published at Fri, 13 Apr 2018 -
Oman, Kuwait Sign Multi-Billion Refinery Deal
...ll be awarded in the next two months and that the foundation stone for the project will be laid at the end of 2017. UK’s Amec Foster Wheeler completed front end engineering design for Duqm refinery recently, while DRPIC has completed prequalification and invited bids for the EPC work. Mr Zedjali sa...
Volume: 60Issue: 15Published at Fri, 14 Apr 2017 -
Aramco/Sabic Make Up With Plan For Joint Oil-To-Chemicals Project
...nuary). Last week Prince Muhammad said that he is pushing for the Aramco IPO in 2017, and that while less than 5% equity will be offered in Aramco and its subsidiaries, Aramco’s shares will first be transferred to the PIF. In this way the PIF will “technically make investments the source of Saudi go...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Gulf Refining Activity Slowing After Completion Of Three Mega-Projects
...mpleted it has yet to invite EPC bids. Iran and Qatar are both developing condensate splitter plants. Iran said it would bring the first of three 120,000 b/d splitters comprising the Persian Gulf Star plant at Bandar Abbas onstream in 2015: the IEA says 2017 is more likely. Qatargas is pressing on wi...
Volume: 58Issue: 15Published at Fri, 10 Apr 2015 -
Egypt Signs Contract With Axens For Assiut Gasoline Unit
...5 Planned: Midor Expansion Alexandria 60 2017 Alexandria Exp. Alexandria 10...
Volume: 58Issue: 15Published at Fri, 10 Apr 2015