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Gas Plant Inauguration Boosts Iran’s Petchems Outlook
...t to go-ahead (MEES, 10 October 2014). As MEES wrote at the time, Iran was struggling with gas supply issues that called its ambitious petchems expansion into question (MEES, 31 January 2011). The easing of sanctions in 2015 following the JCPOA ‘nuclear deal’ gave an opportunity to bring foreign co...
Volume: 64Issue: 04Published at Fri, 29 Jan 2021 -
Egypt Squeezes More Out Of Its Refining Fleet
...uge for 2019 as a whole, most products’ output grew year-on-year. However, jet-kero is the only product to reach a new record high, averaging 58,000 b/d. Analysis of the latest Jodi monthly data shows diesel at 149,000 b/d in 11M19, short of the record 163,000 b/d in 2011, while gasoline’s rally to 86...
Volume: 63Issue: 04Published at Fri, 24 Jan 2020 -
Libya Refinery ‘Resolution’ Fails To Hide Need For Multi-$bn Investment
...bear equally the cost of arbitration in the absence of a “clear prevailing party.” The tribunal dismissed a $4.4bn claim by NOC against Lerco for an alleged refusal to take-or-pay crude deliveries and another claim for payment for oil allegedly delivered to the refinery during the 2011 uprising, Le...
Volume: 61Issue: 03Published at Fri, 19 Jan 2018 -
Aramco Awards Ras Tanura Clean Fuels, Seals Indonesia Deal
...ar (MEES, 4 March 2016). Front end engineering design (FEED) was carried out by US firm Jacobs Engineering in 2011 under Aramco’s General Engineering Services Plus (GES+) scheme, which pairs international firms with local contractors to encourage Saudization. CILACAP EXPANDED The Ras Ta...
Volume: 60Issue: 02Published at Fri, 13 Jan 2017 -
Petchems The Catalyst For Middle East Economic Diversification
...d services industries. In 2011, said Mr Mady, SABIC’s direct value-added contribution to national GDP was about 2%, its private sector contribution was about 9% and its contribution to the industrial non-oil sector was 34%. “SABIC takes the process of employing local talent seriously,” he sa...
Volume: 56Issue: 04Published at Fri, 25 Jan 2013 -
Qatar Claims ‘GTL World Capital’ Status
...Ls and GTL products through 3Q12 and is currently producing and selling all GTL products from its product slate,” he noted. “Just last month we celebrated the 100th GTL cargo from Pearl during 2012.” Pearl GTL was inaugurated in November 2011 after an $18.5bn development, but was not expected to re...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
Gulf Petchems Producers Push Downstream Expansion
...ns) 2010 2011 Saudi Arabia 70 78 Iran 40† 42.7‡ Qatar 10.5 12 Om...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Gulf Petchems Producers Push Downstream Expansion
...ns) 2010 2011 Saudi Arabia 70 78 Iran 40† 42.7‡ Qatar 10.5 12 Om...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Gulf Refiners Set For Major Crude Distillation Capacity Boost
...mand is forecast to grow by 1.7mn b/d in 2011-17, while refining capacity additions over the period are expected to be 1.9mn b/d (MEES, 26 October 2012). Saudi Surge The first of the new Middle East mega-refineries, due on-stream this year, is the 400,000 b/d capacity Saudi Aramco To...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013