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Europe Turns To Middle East For Replacement Gasoil Supplies
...rope’s imports from the region (including re-exports from Egypt’s Sidi Kerir) jumped by 131,000 b/d to 559,000 b/d in September. This is the highest figure in Kpler data stretching back to January 2017, topping the previous record of 541,000 b/d set in October 2021. But it is still far from su...
Volume: 65Issue: 42Published at Fri, 21 Oct 2022 -
Sabic: Jubail MEG Start-Up
...bsidiary. United (Sabic 75%, Public Pension Agency 15%, General Organization for Social Insurance 10%) awarded Korea’s Samsung Engineering a $700mn contract for construction of the 700,000 t/y MEG plant in December 2017 with completion initially scheduled for 2020 (MEES, 5 January 2018). The facility was fl...
Volume: 65Issue: 42Published at Fri, 21 Oct 2022 -
Egypt Taps Russian Oil, Israeli Gas To Keep LNG Exports Flowing
...wer plants in a bid to maximize gas available for LNG exports at record global spot prices (MEES, 23 September). Having been at just 20,000 b/d for much of 2020 and 2021, fuel oil burn is now running at the highest level since 2017 with August’s 119,000 b/d only marginally down on July’s four year mo...
Volume: 65Issue: 42Published at Fri, 21 Oct 2022