1. 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: 63
    Issue: 26
    Published at Fri, 26 Jun 2020
  2. Oman Feels The Pain As Export Revenues Plummet

    ...onomic outlook. A succession of six sizeable annual deficits since the 2014 price crash has gradually pushed-up Oman’s debt levels, and another substantial rise this year seems inescapable (see chart 2). Current spending jumped in 2011 as Oman sought to ride out ‘Arab Spring’ protests through higher pu...

    Volume: 63
    Issue: 26
    Published at Fri, 26 Jun 2020