1. Iran Eyes Imminent Petrochemicals Boost

    ...d is PGPIC’s only methanol project under construction, with locally manufactured “super heaters” installed in June. Hengam is set to produce 726,000 t/y of ammonia and 1.155mn t/y of urea and has been under construction since 2011 – 12 years and counting. The project suffered a setback when Sa...

    Volume: 66
    Issue: 43
    Published at Fri, 27 Oct 2023
  2. Egypt’s Refiners Struggling To Keep Pace With Products Demand

    ...balance, with imports worth $67bn and exports just $18.5bn in 2015, according to ministry of trade statistics. Tourist revenue and direct foreign investment, the main earners of foreign exchange for Egypt have gradually fallen since the 2011 revolution with a worsening of the security situation in the co...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016
  3. Cairo Struggles With Products Shortages

    ...reign exchange reserves fell to $16.3bn at the end of September, less than half of the $36bn they stood before January 2011 (see graph, p16). This lack of dollars will also make it harder for Egypt to repay international oil companies (IOCs). State oil firm EGPC has had to look for ways to obtain do...

    Volume: 58
    Issue: 43
    Published at Fri, 23 Oct 2015
  4. Bahrain Refinery Revamp To Boost Heavy Oil Upgrading

    ...mpletion in 2019 (MEES, 19 September). More Modest The current plan is more modest than an earlier incarnation, which envisaged Sitra capacity being expanded to 450,000 b/d. CLG completed a FEED study for this scenario in 2011. Around 45,000 b/d of the crude currently processed at Sitra comes fr...

    Volume: 57
    Issue: 43
    Published at Fri, 24 Oct 2014
  5. QPI Steps Back From Tunisia Refinery Project

    ...newed this interest after the 2011 revolution that ousted former president Zein al-‘Abidine Ben ‘Ali.   Recent political developments may have played their part in QPI's decision. The moderate Islamist Ennahda party has agreed to relinquish power to a caretaker government that is to prepare fo...

    Volume: 56
    Issue: 43
    Published at Fri, 25 Oct 2013