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Iraq’s Karbala Refinery Hits Full Capacity Despite Unresolved Technical Issues
...nancial delays that have afflicted other capital projects in Iraq, not least the Karbala refinery itself which was awarded almost a decade ago (MEES, 10 January 2014). A much-delayed 2015 project to add a new 70,000 b/d CDU at the 350,000 b/d Basrah Refinery is now slated for end-year completion, af...
Volume: 66Issue: 39Published at Fri, 29 Sep 2023 -
Egypt Refining Runs Rise To Record High
...22 were the lowest since 2014, whilst Egypt’s overall oil products imports of 144,000 b/d were also less than half 2016-17 levels (see chart 2). Egypt’s overall oil products demand has been edging up to its highest levels since around 2018 – even when excluding this year’s sharp uptick in fuel oi...
Volume: 65Issue: 39Published at Fri, 30 Sep 2022 -
Saudi Petchems Firms: Consolidation Ahead?
...ead in December 2018. Sipchem and Sahara had revived a merger plan that was shelved in 2014 as a massive collapse in crude prices slashed petchems earnings (MEES, 7 December 2018). Many of the other listed Saudi petchems firms – the Aramco/Dow Sadara joint venture is not traded on Tadawul – are su...
Volume: 63Issue: 39Published at Fri, 25 Sep 2020 -
Iraq Plots Post-War Refining Rebound
...start of the Haditha refinery and reported progress on repair work at three other refineries damaged during the occupation by Islamic State (IS) of a swathe of northern and western Iraq from early 2014. This year Iraqi forces and their allies have driven IS out of most of their formerly-controled Ir...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Iraq Looks To Breathe Life Into Nasiriya Refinery Project
...thin Iraq. The oil ministry’s Petroleum Contracts and Licensing Directorate (PCLD) “indefinitely” postponed bidding for the Nasiriya integrated project in June 2014 when Islamic State (IS) was making rapid advances across northern Iraq. The fighting never neared Nasiriya in the southern Dhi Qar pr...
Volume: 59Issue: 39Published at Fri, 30 Sep 2016 -
Iraqi Kurdistan To Shake Up Shadow Refining Sector
...rket demand for crude was about 250,000 b/d in 2014. Genel says the Kalak and Bazian refineries typically require about 120,000 b/d and local traders comprise an additional ‘swing’ consumption of up to about 120,000 b/d for use in topping plants and for regional sales. Genel’s 250,000 b/d estimate fo...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Israel Refineries Maintain KRG-Fueled Near-Record Runs
...mes on the back of near-100% runs for 2014. Added together with shipping data, this indicates that the two plants are continuing to gorge themselves on cut-price crude from Iraqi Kurdistan. > The KRG has increased its independent crude exports from the Turkish Mediterranean port of Ceyhan to ar...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Key Project Shelved As Qatar Shifts Petchems Strategy
...10 Q-Chem II HDPE 350 2010 Linear a-Olefins 345 Total 2014 15...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014