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Iran Looks To Protect Lucrative Petchems Earnings From Tightening US Sanctions
...reements with foreign firms for a variety of petchems plants (MEES, 11 August 2017 and MEES, 17 March 2017). Among the firms signing agreements, Denmark’s Haldor Topsoe has since closed its Tehran office (MEES, 31 August 2018), while the other seven projects have not progressed further. One of these wa...
Volume: 62Issue: 24Published at Fri, 14 Jun 2019 -
Egypt Looks To Delayed Midor Expansion, ERC Start-Up To Ease Products Shortfall
...0,000 b/d in 2017 while gasoline imports averaged 90,000 b/d (MEES, 26 January 2018). While additional Midor capacity could cover just 8% of 2017 diesel imports and 13% of gasoline, next year’s planned start-up of the Egyptian Refining Company (ERC) 81,500 b/d hydrocracker, will make a sizable dent in th...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018 -
Aramco Seeks Talks On Indian Refinery, Part Of Asian Downstream Push
...649 1,480 *MOTIVA SPLIT IN Q2 2017 GAVE SHELL 100% OF CONVENT & NORCO REFINERIES, ARAMCO 100% OF PORT ARTHUR. ^ARAMCO OWNS 63.4% OF S-OIL WITH THE REMAINDER FLOATED. SOURCE: SAUDI ARAMCO, PARTNERS. RECENT DEALS Aramco’s interest in the Indian downstream is also in line wi...
Volume: 60Issue: 24Published at Fri, 16 Jun 2017 -
Iran Sets Out Plans For 75% Refining Capacity Hike
...86mn b/d, according to Abbas Kazemi, managing director of state-owned refiner NIORDC. NIORDC will complete the first of three 120,000 b/d condensate splitters comprising Persian Gulf Star at Bandar Abbas by the end of March 2017, Mr Kazemi says. The five projects being prioritized are expected to cost al...
Volume: 59Issue: 24Published at Fri, 17 Jun 2016 -
Mideast Refining Capacity Edges Up, Runs Fall
...st ambitious expansion plan – three 400,000 b/d capacity refineries, due onstream in 2013, 2014 and 2016. The UAE is building a 417,000 b/d plant which is due onstream in 2014, while Algeria’s Sonatrach has announced a plan to build four 100,000 b/d capacity refineries for 2017 start-up. Also Oman is lo...
Volume: 56Issue: 24Published at Fri, 14 Jun 2013 -
KPI Vietnam Refinery OK’d
...nture, with KPI holding 35.1%, PetroVietnam 25.1% and Mitsui 4.7%. Following the FID and cofinancing agreement, construction is expected to begin in July 2013. Construction is slated to be completed in 2016 and commercial operations are scheduled to begin in 2017. The refinery will be built in th...
Volume: 56Issue: 24Published at Fri, 14 Jun 2013