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Saudi Oil Sector Feeling The Strain Of Opec Cuts
...fined products have averaged just 290,000 b/d this year, against 913,000 b/d for 2018 as a whole. If this persists over the course of the year, it would be the smallest rate of imports since 2011. Despite this and the recent decline in refining run rates, exports of refined products remain co...
Volume: 62Issue: 29Published at Fri, 19 Jul 2019 -
Saudi Products Exports At Record Highs
...nce June 2014, while total oil stocks of 320.0mn barrels were the lowest since December 2011. Aramco’s push to expand its products exports means that it is becoming a bigger customer for its own crude. The company’s 2.86mn b/d of refining capacity is scheduled to get a 400,000 b/d boost beginning la...
Volume: 61Issue: 29Published at Fri, 20 Jul 2018 -
Cairo Advances Energy Sector Privatizations
...ck to levels last seen at the start of the 2011 revolution. Egypt received the first $2.75bn tranche of the IMF cash last November with a second, $1.25bn, tranche approved on 13 July. The IMF delegation came to Egypt to review the reforms with the government last May. They announced in a st...
Volume: 60Issue: 28Published at Fri, 14 Jul 2017 -
Egypt Petchems Plans Continue To Expand As Tahrir Gets Styrene Plant
...0,000 t/y Jet-kero/reformate EMethanex (2011 - methanol) Damietta 1,000 1.3mn t/y 110mn cfd methane EPP (2011 - propylene & polypropylene) Port Sa...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Algeria Pushes New Refineries Beyond 2020, Fuel Deficit To Worsen
...oducts output averaged 651,000 b/d in 2014 – comfortably above total domestic demand of 391,000 b/d. But the data for gasoline and diesel makes for less comfortable reading. State firm Sonatrach has had to import both gasoline and diesel since 2011, with volumes reaching a peak of 39,000 b/d and 53...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Opec Data Charts Saudi Refining Surge, But Plans Are Slipping
...art). 2014 vs 2013 2014 vs 2010 2009 2010 2011 2012 2013 2014 '00...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
MENA Leads OPEC Refining Hike As First Mega-Refinery Comes Onstream
...0 B/D) 13 vs 12 13 vs 09 2009 2010 2011 2012 2013 ‘00...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
GCC Polypropylene Boosted By Conversion Push
...bolstering demand for PP in a region which has long been a net exporter. The GCC PP resin market for local conversion was worth $983mn in 2011, says Frost & Sullivan, but is expected to grow to $1.366bn by 2016. “GCC states’ easy access to PP resin, owing to their large oil and gas re...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Iran Takes Steps Towards Planned Tripling Of Gasoline Output
...ans (B/D) From To Status At Existing Refineries Arak 29,370 99,840 On-line November 2011...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
Indonesia Spikes Aramco Refinery, Knocks Back KPC
...r similar tax breaks made by state-owned Kuwait Petroleum Corporation (KPC) overseas downstream subsidiary, Kuwait Petroleum International (KPI). KPI signed a memorandum of understanding (MOU) with Indonesia’s Pertamina in 2011 for a 200,000-300,000 b/d refinery and petrochemicals complex in West Ja...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013