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Algeria-Spain Spat Leaves 1.26GW Power Plant In Limbo
...lguera,” adding that it is now seeking “a definitive solution for all parties.” The project was originally awarded back in 2014 at a price tag of $719mn (MEES, 7 March 2014), with civil works completed by end-2016 (MEES, 15 September 2017). Satellite imagery indicates that substantial work has taken pl...
Volume: 67Issue: 26Published at Fri, 28 Jun 2024 -
Ecomar Thinks Big After Fujairah Refinery Start-Up
...ly 2014). “The concept was changed,” says Mr Shaddick. “We currently process a mixture of Arab Heavy and Arab Light crudes [from Saudi Arabia], which are relatively low in sulfur among regional crudes. We are looking to add a coker and desulfurization units in the near future as part of our ex...
Volume: 63Issue: 26Published at Fri, 26 Jun 2020 -
Aramco Crude Oil To Chemicals Vision Takes Shape
...chemicals plant it will not be the first. In 2014 ExxonMobil started up a 1mn t/y crude-to-olefins unit at its 592,000 b/d Singapore refinery which “can crack anything from light gases to heavy liquids, including crude oil” (MEES, 1 December 2017). ...
Volume: 62Issue: 26Published at Fri, 28 Jun 2019 -
Satorp Taps Riyadh For SR2bn To Reduce Bank Dues
...udi Arabia’s Manifa oilfield (MEES, 15 August 2014). Meanwhile, Sadara Basic Services Company – a subsidiary of the Aramco/Dow petrochemicals joint venture – has agreed a SR865mn ($231mn) mortgage loan to Saudi Butanol Company (Sabuco) to help fund construction of a SR1.9bn ($507mn) butanol pl...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Questions Mounting Over GCC Refinery Plans In Wake Of Capacity Hike
...ndensate splitter in the third quarter of 2016. The plant is almost identical to the LR1 splitter which Qatargas built earlier at Ras Laffan and is expected to cost $1.5bn (MEES, 11 April 2014). GCC REFINERY/SPLITTER PROJECTS SCHEDULE Operator (Project) Lo...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Mideast Refining Capacity Boost Underscores Growing ‘Hub’ Role- IEA
...e equivalent of around 93% of the region’s then CDU capacity. Regional Progress Saudi Arabia is the largest contributor to the Middle East’s surge, says the IEA. The 400,000 b/d Satorp refinery was expected to reach full capacity by “mid 2014;” the company declines to comment on whether this im...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
UN: How GCC Petchems Players Can Combat Shale Revolution
...REGIONAL GCC governments’ plans to diversify their economies by developing large-scale petrochemicals projects are being challenged by the North American shale gas boom, says UN agency Unctad. The agency’s World Investment Report 2014 (see p20) says that “the shale gas revolution in No...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014