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Libya Instability Returns With Zawiya Force Majeure
...ssible to end these clashes and keep oil facilities out of the conflict zone, regardless of the causes or motives.” INSTABILITY RETURNS The incident is the latest episode of instability that has plagued Libya’s vital oil and gas sector in the near 14 years since the country’s 2011 re...
Volume: 67Issue: 51/52Published at Fri, 20 Dec 2024 -
Qatar Slams EU Over Rules It Says Will Halt Bilateral LNG Trade
...sitions regarding the primacy of the energy transition over energy security. Qatar’s LNG exports to Europe peaked back in 2011. But since then the emirate had faced more competition from the likes of Russia, and since 2016, the USA. Even with Qatar lifting exports to Europe in 2022, they re...
Volume: 67Issue: 50Published at Fri, 13 Dec 2024 -
Lebanon’s Ailing Economy: Will The Music Stop in 2019?
...de? Wracked by political deadlock and a refugee crisis from neighboring Syria, Lebanon’s economy has sputtered along for the better part of the last decade. GDP growth has averaged a paltry 1.7% since 2011 as the country has racked up a series of bumper budget deficits. Despite slogging onward, the co...
Volume: 61Issue: 51-52Published at Fri, 21 Dec 2018 -
Petchems To Dominate MENA 2016 Downstream After 2013-14 CDU Boost
...PC to speed up plans to expand refining capacity and in particular upgrading. While Egypt is pushing a number of large and small-scale refining projects, investment momentum is still rebuilding after a lull from 2011 until last year. In 2016 only one Egyptian project is scheduled for co...
Volume: 58Issue: 52Published at Wed, 23 Dec 2015 -
Algeria Looks May Trim Refining Plan Further As Reduced Export Revenues Bite
...made clear to industry players operating in Algeria. Boosting Algeria’s refining capacity is of strategic importance for the government. Firstly, because of rocketing domestic demand for transport fuels, Sonatrach has had to import both gasoline and diesel since 2011, with volumes reaching pe...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
GPCA Urges Petchems Firms To Save Water
...ange their procedures overnight.” Some producers are already improving their water usage, says GPCA. Abu Dhabi’s Borouge requires more than 1 bcm/year of water to make plastics, but during 2011-12 it saved 24mn cu ms of fresh water by using cold sea water in its manufacturing processes. Meanwhile, GP...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Egypt: Styrene Plant Go-Ahead
...ant will feed an existing on-site polystyrene plant which currently imports feedstock. Construction is expected to take 30 months. E-Styrenics licensed the ethylbenzene and styrene process technologies from US firm Badger Licensing in 2011. Ethylene and benzene feedstocks will be combined to form et...
Volume: 56Issue: 50Published at Fri, 13 Dec 2013 -
Petchem Firms Face Saudi Ethane Supply Restrictions
...e of the lowest costs seen for mega projects, following the financial crisis. It was the largest project financing completed last year, priced at 130-200bps across a 16-year tenor (MEES, 19 December 2011). This was close to the 2010 pricing seen for the Aramco/Total 400,000 b/d Satorp export re...
Volume: 55Issue: 51Published at Fri, 14 Dec 2012 -
Weak Global Economy Continues To Weigh On Saudi Petchems
...mmercial operations for most of its plants in October 2011. In August this year it began commercial operations at its amines plant, and at the end of September announced that it had started trial operations at its low density polyethylene plant. Yansab, which is 51% owned by SABIC, said that the 10...
Volume: 55Issue: 50Published at Fri, 07 Dec 2012 -
MENA Refinery/Petchem Expansion Plans Moving Ahead
...erated 40,000 b/d Irbil refinery and a major upgrade to the 34,000 b/d Bazian refinery. The first 20,000 b/d addition to Irbil should be on stream by the beginning of next year, slightly behind the original schedule (MEES, 24 October 2011), to be followed by a second 20,000 b/d unit within a couple of mo...
Volume: 55Issue: 50Published at Fri, 07 Dec 2012