1. Oman Eyes Crude, Condensate Revenue Boost As Refinery Undergoes Maintenance

    ...gure since April 2014. Absent further production cuts, Mina al-Fahal’s closure could propel exports back towards 850,000 b/d this month for the first time since January. Unlike other participants to the output cuts, Oman has been diligent in ensuring that the axe also falls on exports (MEES, 6 Oc...

    Volume: 60
    Issue: 43
    Published at Fri, 27 Oct 2017
  2. Egypt’s Refiners Struggling To Keep Pace With Products Demand

    ...mospheric residue fuel oil from the nearby 160,000 b/d Cairo refinery to deliver 75,000 b/d of lighter liquids, including 46,000 b/d of diesel and 13,000 b/d of jet-kero (MEES, 25 April 2014). The ERC project consortium is being led by local investor Qalaa Holdings, which says its consolidated debt on th...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016
  3. Iraq Awards Contract For 70k B/D Basra Refinery Expansion

    ...maged refineries operate at only 60-75% capacity, leading to a gasoline shortfall of 40,000 b/d (MEES, 1 May). Iraq’s refineries processed an average 600,000 b/d of crude oil in 2013, but this fell to 493,000 b/d in 2014. Islamic State jihadists overran the 310,000 b/d Baiji refinery, Iraq’s la...

    Volume: 58
    Issue: 43
    Published at Fri, 23 Oct 2015
  4. Saudi Petchems Profits Fall 21% In Q3 Due To Weaker Sales Prices

    ...SAUDI ARABIA Saudi Petchems Profits Fall 21% In Q3 Due To Weaker Sales Prices Saudi Arabia’s petrochemical producers reported total net profits of SR6.63bn ($1.77bn) for the third quarter of 2015, which was 21% lower than for the second quarter and 30% down on the same quarter in 2014...

    Volume: 58
    Issue: 43
    Published at Fri, 23 Oct 2015
  5. Luberef Lines Up Samsung For Expansion Project

    ...it (doubling capacity to 12,500 b/d) and vacuum distillation unit (increasing throughput capacity from 26,000 b/d to 39,000 b/d). He said that engineering work under the EPC contract is scheduled to be completed in March 2014. Procurement is scheduled to take place from December 2012 to July 2014. Co...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012