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Egypt Downstream: ERC Boosts Output & Exports To 2020 Records Despite Covid Slump
...– at 649,000 b/d the latter was up 21% year-on-year including record output of gasoline (97,000 b/d) and jet-kero (68,000 b/d) with diesel output of 171,000 b/d just fractionally below the all-time high set in 2011. *But for Q2, output of all products slumped versus Q1, with the overall ou...
Volume: 64Issue: 08Published at Fri, 26 Feb 2021 -
Saudi Arabia’s Oil Sector In 2020: Assessing A Tumultuous Year
...mand of 455,000 b/d was the lowest since 2011 and down 17% year-on-year. Demand bottomed out at 231,000 b/d in April amid tight Covid-19 mobility restrictions and while it rebounded to 530,000 b/d in October, it exited the year at 488,000 b/d. The impact on diesel demand was more muted due to the fu...
Volume: 64Issue: 07Published at Fri, 19 Feb 2021 -
IMF: Praise, $2bn For Egypt
...rong remittances, while unemployment has declined to its lowest level since 2011.” A combination of “the authorities’ fiscal consolidation efforts and high nominal GDP growth” means Egypt’s public-debt-to-GDP ratio “declined markedly” from 103.2% for 2016-17 to 92.6% for 2017-18 and a forecast 86...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Egypt: Increased Gas Availability Boosts Petchems Producers
...eat.” GEOPOLITICAL RISK Methanex faced a baptism of fire in Egypt. On 26 January 2011 it announced the plant’s start up: four days later it withdrew staff as protests against President Mubarak escalated. Mubarak was overthrown the following month but instability continued. Whilst oil and gas in...
Volume: 61Issue: 06Published at Fri, 09 Feb 2018 -
Shell Sees Qatar’s Pearl GTL Plant Offline For ‘A Couple Of Months’
...jacent 120,000 b/d NGLs and ethane plant take around 1.6bn cfd of gas from Qatar’s giant North Field. The combined GTL/liquids project reached full commercial production at end-2012, following start-up of the first GTL train in early 2011 and the first commercial cargo of gasoil in June 2011. The co...
Volume: 60Issue: 06Published at Fri, 10 Feb 2017 -
Saudi Arabia 2014 Official Crude & Oil Products Output, Trade & Balance (‘000 B/D)
...Saudi Arabia 2014 Official Crude & Oil Products Output, Trade & Balance (‘000 B/D) 2014 14vs13 2013 2012 2011 2010 De...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Kuwait Awards Long-Awaited $12Bn Clean Fuels Project
...mmittee has said it will review the recent award of a 1.5GW/486,000 cmd power and desalination project at Al-Zour as a prelude to calling in the public prosecutor (MEES, 7 February). KNPC Refining And Main Markets: Financial Years 2011-13 Refinery Throughput (‘00...
Volume: 57Issue: 07Published at Fri, 14 Feb 2014 -
Iran, Indonesia Team Up For $3Bn Refinery Project
...0,000 b/d of this refining capacity. But these seven facilities only meet around three quarters of Indonesia’s domestic demand, forcing it to import close to 300,000 b/d of petroleum products in 2013. In 2011, Pertamina was able to meet only 54% of the domestic demand for gasoline, and 86% of diesel de...
Volume: 57Issue: 07Published at Fri, 14 Feb 2014 -
Global Economic Weakness Pares Saudi Petchem Profits
...lf improved their profitability. Used in wide array of automotive, packaging, consumer durable, and construction products to name but a few, petrochemicals depend heavily on robust economic growth. The IMF put 2012’s global growth at 3.2%, which is down from 2011’s 3.9%. In January it also cu...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
SABIC Launches $500Mn Plastics Innovation Network
...nverters to reach important markets in the world,” according to Ulrich Reiners, managing director of Germany’s Executive Packaging. He told the Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Summit in April 2012 that global resin demand for plastics conversion amounted to 255mn tons in 2011. Of...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013