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Duqm Refinery Feedstock Imperiled By Hormuz Closure
...ich would later be upgraded to its current 106,000 b/d capacity. Oman then commissioned the Sohar refinery in 2008, initially with a capacity of 116,000 b/d and subsequently expanded to 198,000 b/d in 2017 (MEES, 17 February 2017). In 2006, the government floated plans for the refinery at Duqm be...
Volume: 69Issue: 11Published at Fri, 13 Mar 2026 -
Global Gas Scramble After Qatar Shuts Down LNG Production
...osure. It has always marketed itself as a highly-reliable supplier, but going forward clients will have to take into consideration the geopolitical risks stemming from proximity to Iran. CEO Saad al-Kaabi emphasized the importance he places on this reputation of reliability when speaking with MEES in 2017...
Volume: 69Issue: 10Published at Fri, 06 Mar 2026 -
Kuwait’s Pivot To Products Exports Yields Revenue Boost
...2024, that would be the lowest level since 2003. Meanwhile refined products exports have averaged around 850,000 b/d so far this year, putting Kuwait on track to smash 2012’s record 805,000 b/d. Crucially, having shuttered the aging Shuaiba refinery in 2017 and completed the $15.6bn Clean Fu...
Volume: 67Issue: 11Published at Fri, 15 Mar 2024 -
Dubai’s Enoc Imports Qatari Condensate, But Iran Remains The Missing Piece
...loaded 712,000 barrels of deodorized field condensate (DFC) from Qatar’s Ras Laffan at Dubai’s Jebel Ali on 5 March. This was the first such cargo since September 2017. Supplies of Qatari condensate for Enoc’s Jebel Ali splitter had been halted ever since due to the UAE’s participation in the embargo of...
Volume: 64Issue: 11Published at Fri, 19 Mar 2021 -
Adnoc & Petronas Ink Wide-Ranging Partnership Deal
...reements were reached during the visit to the UAE of Malaysian Prime Minister Tan Sri Muhyiddin Yassin. Trade relations between the two countries are on the rise, although they’ve not been without their turbulence. Abu Dhabi state firm IPIC, which was merged into Mubadala in 2017, was previously embroiled in...
Volume: 64Issue: 10Published at Fri, 12 Mar 2021 -
Oman Aims To Double Products, Petchems Exports
...ports from late next year. Since expanding its 197,000 b/d Sohar refinery in late 2017 (MEES, 23 February 2018), Oman has seen rapid growth in its exports of key refined products – diesel, jet-kerosene, gasoline and LPG – as it seeks to move up the value chain and maximize oil export revenue. Pr...
Volume: 63Issue: 13Published at Fri, 27 Mar 2020 -
Aramco Downstream Results Hit By Lower Margins, Sadara Impairment
...en completed and was being commissioned at year-end 2019. This will benefit petchems producers who are currently having to process some other feedstocks because of tight ethane supply/demand (MEES, 28 February). ARAMCO REVENUE BY OPERATING SECTOR ($BN) $1=SR3.75. *2018 FIGURES AND 2017 TO...
Volume: 63Issue: 12Published at Fri, 20 Mar 2020 -
Kuwait Starts Up Naphtha Unit In CFP Upgrade
...se from 270,000 b/d to 454,000 b/d, whilst Mina al-Ahmadi’s will fall from 466,000 b/d to 347,000 b/d, an overall 9% increase to 801,000 b/d (MEES, 8 March 2019). KNPC originally intended the CFP to be fully operational in late 2017, but completion in the fourth quarter of 2020 now appears the best pr...
Volume: 63Issue: 11Published at Fri, 13 Mar 2020 -
Algiers Refinery Hike
...ECC, which took over the project in late 2016 after French firm Technip’s original contract was cancelled in 2015 (MEES, 9 June 2017). By that time Technip was already well behind on its initial 38-month work schedule. Fast forward to the “completion” date of 21 February 2019 and it appeared the re...
Volume: 63Issue: 10Published at Fri, 06 Mar 2020 -
GCC Downstream Giants Eye Revolutionary Plastics Technology
...mmercialize one of them. Sabic had patented a process to produce chemicals directly from crude using existing downstream units in a new configuration (MEES, 1 December 2017). However, Aramco took a more revolutionary route by developing new technologies. Besides squeezing more out of its resources, Aramco ch...
Volume: 62Issue: 13Published at Fri, 29 Mar 2019 -
Sabic Reorganization Continues Ahead Of Planned Aramco Takeover
...rformance for 2018 was the best since oil prices crashed in 2014. Sabic made a profit of $5.73bn in 2018 on revenues of $45.1bn, figures which were respectively 17.0% and 12.8% up on 2017, though prices for Saudi Arabia’s key Arab Light crude were up even more at 33.5% (MEES, 1 February). SABIC OUTPUT TO...
Volume: 62Issue: 12Published at Fri, 22 Mar 2019 -
Crackers In The Gulf: GCC Refiners Advance Mixed-Feed Projects
...August 2017). Petro Rabigh’s delayed Rabigh-2 expansion, currently being commissioned, will expand petchems output capacity from 2.6mn t/y to almost 5mn t/y. Its key aromatics unit will consume 3mn t/y (67,000 b/d) of naphtha from the refinery to produce 1.34mn t/y paraxylene and 424,000 t/y of...
Volume: 62Issue: 11Published at Fri, 15 Mar 2019 -
Kuwait Eyes Revenue Boost From Clean Fuels Upgrade
...dullah, are expected to be fully online by the end of 2019. In the meantime, work at the refineries has contributed to reducing Kuwait’s throughput to its lowest level in more than 20 years. The CFP was originally intended for start-up in late 2017. The first unit testing was eventually carried out la...
Volume: 62Issue: 10Published at Fri, 08 Mar 2019 -
Algeria Completes Refinery Expansion, Looks Overseas For Further Gains
...halt “a litigation that was detrimental to both parties” (MEES, 9 June 2017). The work was re-awarded to Chinese state firm CPECC for AD45bn ($408mn at the time) in late 2016 (MEES, 11 November 2016). Completion of the project takes Algeria’s crude processing capacity to 559,000 b/d, or 72...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Egypt Set To Miss 2022 Transport Fuel Self-Sufficiency Target
...ypt’s reliance on products imports. The focus of upgrades is on increasing output of the two key transport fuels, diesel and gasoline. For both, Egypt was reliant on imports to meet 46% of 2018 demand. This figure is actually an improvement on record levels of over 50% seen in 2016 and 2017. Ho...
Volume: 62Issue: 09Published at Fri, 01 Mar 2019 -
Israel’s Gasoline Thirst Pushes Oil Products Consumption To 5-Year High
...• Israel fell into a gasoline deficit for the first time in at least 10 years in 2017 as consumption rose to a record 75,300 b/d whilst domestic output from the country’s two refineries fell by 11% to 73,900 b/d. • Bazan, which operates the 197,000 b/d Haifa refinery, says that it expects th...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Egypt Privatization: 23 Firms On the Block; Oil Firms Feature Heavily
...rlier plan included Amoc and Sidpec among the first group of firms to be offered (MEES, 14 July 2017). UPGRADING PLANS Amoc is raising $500mn to fund the construction of a 20,000 b/d hydrocracker alongside its 35,000 b/d vacuum distillation plant (MEES, 23 March). Also at Alexandria, Midor is ex...
Volume: 61Issue: 12Published at Fri, 23 Mar 2018 -
Saudi Firms Advance Direct Oil-To-Chemicals Technology
...reement. But the IEA reckons that Saudi maintains over 2mn b/d of spare capacity: it estimates 2017 capacity at 12.16mn b/d, rising to 12.30mn b/d by 2023. In theory this would enable the kingdom to easily cover the feedstock requirements for the two new plants without denting crude exports. Crude oil is al...
Volume: 61Issue: 11Published at Fri, 16 Mar 2018 -
Kuwait’s Overseas Downstream Expansion Stutters On Vietnam Refinery Delays
...nounced readiness for start-up operations, seven months after Kuwait despatched a 2mn-barrel crude cargo for the plant’s commissioning (MEES, 4 August 2017). No reason has been given for the further schedule slippage. Refinery manager Junzo Yamamoto announced on 28 February that “the project is now re...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
Iran: Gulf Star Ramp-Up Hikes Gasoline Output In Face Of Rising Consumption
...oject at Bandar Abbas. PGS-1, where construction began in 2007, was slowed by a lack of funds during sanctions. Despite this, PGS was touted as a strategic project, vital to ending Iran’s reliance on gasoline imports. When PGS-1 started up in April 2017, its naphtha reformer was not operating, so na...
Volume: 61Issue: 09Published at Fri, 02 Mar 2018