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Oman’s Sohar Strengthens Gasoline Trading Hub Role
...dn’t impact trade of the fuel. Oman has been a net gasoline exporter since 2018 after upgrading and expanding its 197,000 b/d Sohar refinery the previous year (MEES, 17 February 2017), and both imports and exports have set new records each year since, with net exports steady at around 30,000 b/d on an an...
Volume: 67Issue: 37Published at Fri, 13 Sep 2024 -
Iraq Plans Qayara Refinery Expansion
...mple topping plant at Qayara (MEES, 2 November 2018), which was rehabilitated in 2017 and suffered a small fire at one of its storage tanks last week. The lack of a capable refinery means volumes are trucked for export from Basra’s Khor al-Zubair terminal. Qayara’s poor quality means it is sold at...
Volume: 63Issue: 37Published at Fri, 11 Sep 2020 -
Saudi Arabia Chases Ambitious Downstream Strategy
...come depends on crude oil prices. Aramco’s rising revenues during 2016-18 coincided with rising crude prices. Arab Light averaged $40.96/B in 2016, $52.59/B in 2017 and $70.34/B in 2018. A downturn in Aramco’s revenues for 2019 is likely given that the Arab Light price averaged $66.33/B in first ha...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Iran Targets Unlikely Gasoline Boost As Demand At All-Time High
...,000 b/d of gasoline. Two phases of PGS are currently operational: the first began operations in April 2017 and the second in February this year. The start-up of each did lead to an immediate dip in Iran’s need for gasoline imports, MEES analysis of Jodi data shows. But a sizable need for imports re...
Volume: 61Issue: 37Published at Fri, 14 Sep 2018 -
Egypt Starts Work On Assiut Refinery Upgrade To Boost Gasoline Output
...ise light products output and reduce Egypt’s dependence on imports – Egypt has been a net importer of gasoline since 2010 and has long imported diesel – to meet domestic demand. Gasoline demand averaged 170,000 b/d in the first half of 2017, suggesting that consumption is on track to surpass last ye...
Volume: 60Issue: 37Published at Fri, 15 Sep 2017 -
China’s Sinopec Secures Deal For $1.2bn Upgrade Of Iran’s Largest Refinery
...fineries with a combined capacity of 2.04mn b/d (see map). Of the eight greenfield projects, NIORDC has prioritized five: Persian Gulf Star, where the first 120,000 b/d condensate splitter is expected online by the end of March 2017; the Siraf splitters plant; the Hormuz Extra Heavy refinery; Anahita re...
Volume: 59Issue: 37Published at Fri, 16 Sep 2016 -
Oman Eyes 2018 Completion Of Linked Downstream Projects, But Liwa Cost Rising
...ld reporters this week that work on the Sohar refinery expansion, which began in 2014, is expected to be completed in the fourth quarter of 2016. The products pipeline and storage terminal are scheduled for completion in 2017, while Liwa will be ready for start-up in 2018. LIWA COULD COST $5B...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Saudi Arabia’s Sadara Petchems JV To Supply Juffali Plant With Feedstock
...asChem in the first half of 2017 (MEES, 7 August). Sadara says it will provide Juffali’s BTG unit with almost all the raw material it requires. Other Juffali units, including the polyurethanes plant, will take some raw materials from Sadara and some from third party suppliers. Juffali’s MDI and BT...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Egypt: Gas Shortage Fuels Record Diesel Demand
...e map) to 825,000 b/d by 2017 (MEES, 22 August). Assiut Oil Refining this month secured $198mn financing from Saudi Arabia-based Islamic Development Bank (IDB) to help fund a $2.9bn upgrade of its 47,000 b/d plant 320km south of Cairo. A 26,000 b/d hydrocracker at the refinery will convert heavy fu...
Volume: 57Issue: 37Published at Fri, 12 Sep 2014 -
Abu Dhabi Puts Tacaamol Back On Track With Aromatics FEED
...12, with the aim of plant start-up in late 2017. The award of the first FEED only now suggests that start-up of the aromatics plant cannot be expected before 2018. Besides the reformer and aromatics units, Tacaamol Phase 1 will include a pipeline from the Ruwais refinery, an export tank farm, a jetty an...
Volume: 56Issue: 37Published at Fri, 13 Sep 2013 -
Bahrain Opts For 360,000 B/D Expansion
...rks a scaling back – amid financing concerns – from earlier more ambitious plans for expansion to 450,000 b/d and beyond (MEES, 19 December 2011). The $5-6bn project will be completed in steps with the first phase to come online in 2017 and the final phase in 2020. Originally Bapco hoped to se...
Volume: 56Issue: 37Published at Fri, 13 Sep 2013 -
Oman Pushes Refinery Expansion, Considers Impact On Crude Exports
...finery – is scheduled for start up in 2017, followed by Phase 2 – a petrochemicals plant, which is still being studied. It could produce ethylene depending on gas supply. Oman faces a gas shortage, but BP’s 1bn cfd Khazzan-Makarem tight gas project could be on stream by then (MEES, 20 July). Or Oman could op...
Volume: 55Issue: 37Published at Fri, 07 Sep 2012