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Lebanon Gas Ambitions In Limbo As Virgin Well Falls Flat
...ploration well in Block 9 by May 2021 (MEES, 16 February 2018). Lebanon struggled with political crises and instability for the better half of the last decade, which pushed back its first bid round from 2012 until 2017 (MEES, 24 January). But following the block awards in late 2017 facilitated by the (te...
Volume: 63Issue: 18Published at Fri, 01 May 2020 -
Fujairah Storage Hub Set For Industry Boost
...erational. The largest of which is Vitol’s 82,000 b/d refinery, located close to Uniper’s 67,000 b/d topping plant. The Uniper facility began commercial operations in 2017 and consists of two identical units. Uniper says the plant has “the capacity to produce about 3.6mtpa of marine fuels with sulphur co...
Volume: 63Issue: 18Published at Fri, 01 May 2020 -
Qatar Export Revenue Drop
...Qatar’s export revenues tumbled to their lowest levels since 2017 in Q1 with worse on the way. The petrostate’s export slate is dominated by oil and even more importantly gas. Q1 export revenues came in at $16.4bn. Of this 85% was from hydrocarbons, the lowest figure since 3Q 2017. Ov...
Volume: 63Issue: 18Published at Fri, 01 May 2020 -
Adnoc’s Ruwais At 46% Capacity
...alysts’ call that “we see a ramp-up in the next two months.” Mr Seele noted that there have been problems with the residue fluid catalytic cracker at 417,000 b/d Ruwais West and that he was optimistic the shutdown would be used to improve RFCC reliability. The refinery was shut down in January 2017 af...
Volume: 63Issue: 18Published at Fri, 01 May 2020