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Gulf Condensate Splitters Bring Economic, Strategic Gains
...gineering arm of the Tehran regime’s Islamic Revolutionary Guard Corps (IRGC) built PGS. Work on phase one started in 2007 as the first sanctions against Iran’s nuclear program were introduced and was only completed in 2017 (MEES, 5 May 2017). With Iran again under sanctions but three PGS phases co...
Volume: 62Issue: 43Published at Fri, 25 Oct 2019 -
Falih Eyes Closer Russian Ties, In Opec+ As Well As Aramco Downstream
...tober 2017, saying that “we are confident that there are vast opportunities for expanding and diversifying economic cooperation…[to] push the trade exchange in accordance with the Kingdom’s Vision 2030.” Russian delegates took on prominent roles at this week’s Future Investment Initiative (FII) su...
Volume: 61Issue: 43Published at Fri, 26 Oct 2018 -
Oman Eyes Crude, Condensate Revenue Boost As Refinery Undergoes Maintenance
...tober). Production of crude and condensate has averaged 969,000 b/d in the first nine months of 2017, down 3.4%, and bang in line with Oman’s obligations. Exports meanwhile have averaged 805,000 b/d, down a hefty 8.1% year-on-year. 1: OMAN OIL* OUTPUT & EXPORTS (‘000 B/D): EXPORT VOLUMES SINK IN 2017, BU...
Volume: 60Issue: 43Published at Fri, 27 Oct 2017 -
Egypt’s Refiners Struggling To Keep Pace With Products Demand
...though gas output has risen to 4.35bn cfd this month, it was at an 11-year low of 3.89bn cfd as recently as May (MEES, 23 September). And Cairo announced a new tender on 24 October for the import of 96 LNG cargoes for delivery in 2017 and 2018, underlining that domestic output is set to remain below de...
Volume: 59Issue: 43Published at Fri, 28 Oct 2016 -
Cairo Struggles With Products Shortages
...vember, could be renewed, while negotiations are taking place with Kuwait to supply 500,000 barrels of gasoline and diesel a month to meet public fuel needs during the winter period in 2016 and 2017. Additional volumes will come not a moment too soon. After hitting a record high of 277,000 b/d in Ju...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015 -
Capacity Build Takes Saudi Refinery Runs To Record 2.17Mn B/D
...heduled for 2017 start-up. Further ahead, Oman is looking to build a 230,000 b/d refinery at Duqm for 2018 start-up, Kuwait is planning a 615,000 b/d plant at Al-Zour, which is due online in 2019, and Bahrain plans to raise Sitra refinery capacity by 93,000 b/d, also for 2019. Meanwhile, Qatar and Ir...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Bahrain Refinery Revamp To Boost Heavy Oil Upgrading
...y, Bapco’s CEO told MEES that the firm was still in discussions with Saudi Aramco – even though Bapco plans to fund the pipeline itself. The new pipeline will likely be completed in 2017 or 2018, with at least a year to spare before the refinery expansion is commissioned. The expansion is part of...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014