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Gulf Refinery Data Reflects Saudi Capacity Ramp-Up, Impact Of Iraq Turmoil
...tivity as Jihadist attacks halt operations in some areas. Data for the 12 months to June 2014 show Gulf refinery throughputs averaged 6.3mn b/d, while Saudi throughput appears to be settling above the 2mn b/d mark with a record 2.14mn b/d processed in May. Saudi Arabia’s refinery throughputs dipped fr...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
Israel Refineries Hit Throughput Record, Diesel Exports Boom
...ISRAEL Israel’s refinery output hit a record 291,000 b/d for the first half of 2014, up 16,000 b/d on a year earlier as the country’s second largest plant in Ashdod completed a significant upgrade. Exports, especially of diesel, are rising even faster. Israel has been rapidly sh...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
GTL Back On The Radar For Mideast Downstream Planners
...oposed Iran Sarv/IDRO GTL Pilot, Saveh †1 2014 Iran RIPI Qeshm GTL, Qeshm Island 3 20...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
DRPIC Tenders Duqm Refinery Site Prep
...rk tender is expected to be followed by prequalification for an engineering, procurement and construction (EPC) contract for the refinery in third quarter 2014. DRPIC appointed Shaw Group as project management consultant for the 230,000 b/d refinery in August 2012. The US contractor’s energy and ch...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Satorp Refinery Units ‘All Operational’, Says Total
...pears to not yet be onstream. Nevertheless, the refinery’s ramp-up has cut in to Saudi crude exports, whilst boosting products exports to near record levels. Saudi refinery runs averaged 1.85mn b/d during October 2013-May 2014, compared with 1.52mn b/d in the previous eight-month period. Throughputs re...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Aramco/Sumitomo Agree Handover Of Rabigh-2 To JV Operating Company
...urth quarter of 2014. The existing Petro Rabigh complex produces 18.4mn tons/year of petroleum products and 2.4mn t/y of chemicals. Rabigh-2 will produce up to 4.85mn t/y of high value chemicals. Petro Rabigh estimates the cost of the Rabigh-2 plant at SR32bn ($8.5bn), and says it will be online in 20...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Iran Lays Giant Condensate Export ‘Refinery’ Bait For Foreign Investors
...ported 95mn liters (almost 20,000 b/d) of Euro-4 gasoline in July. Latest figures from JODI show that Iran’s total gasoline imports averaged just over 20,000 b/d for the year to April 2014, with a peak of 48,000 b/d of imports in February this year (see chart). Iran Gasoline Supply (‘000b/D) Ir...
Volume: 57Issue: 32Published at Fri, 08 Aug 2014 -
New Gulf Refineries To Make Middle East Major Products Exporter
...rect crude burn is forecast to increase by more than 70,000 b/d through 2020,” says FGE. Already, for May 2014 (the latest month for which official data is available), Saudi crude exports are down by 800,000 b/d year-on-year despite crude production having risen by 50,000 b/d over the same period (ME...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Saudi Petchem Firms Mainly Report Improved Profits, SABIC Eyes Price Rise
...SAUDI ARABIA Saudi petrochemicals companies mostly reported improved profits for the second quarter and the first half of 2014, with better market conditions reflected in higher market capitalization for all players. State-owned petchems giant SABIC saw profits rise 7% in the second qu...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
MENA Leads OPEC Refining Hike As First Mega-Refinery Comes Onstream
...wly released Annual Statistical Bulletin 2014. The data includes the first of the Gulf mega-refineries to be completed: the 400,000 b/d Satorp joint venture of Saudi Aramco and France’s Total. The similar-sized Aramco/Sinopec Yasref refinery and Aramco Jazan refinery are due onstream in 2014 and 20...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Orpic Awards Liwa Technology Licenses As Gulf Petchem Juggernaut Rolls On
...ojects. Abu Dhabi’s 2.39mn t/y Borouge 3 complex “will be fully operational in 2014”, according to Austria’s Borealis, partner with state petroleum firm Adnoc. Saudi Aramco and US firm Dow are “on schedule, on budget” with their 3.22mn t/y Sadara complex. Engineering is nearly complete and construction al...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Kuwait Clarifies Al-Zour Plans, Iraq Projects Halted
...tes Aramco/Total (Satorp) Jubail, S Arabia 400 2014 First CDU start-up 3Q13, second imminent. Aramco/Sinopec (Yasref) Yanbu’, S Arabia 40...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Aramco Doubles Stake In Korean Refiner, Part Of Global Downstream Push
....5 Total 400 Total Current Domestic 2,505 Yasref (2014) 62.5 Sinopec 400 Jazan (20...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
Mideast Refining Capacity Boost Underscores Growing ‘Hub’ Role- IEA
...e equivalent of around 93% of the region’s then CDU capacity. Regional Progress Saudi Arabia is the largest contributor to the Middle East’s surge, says the IEA. The 400,000 b/d Satorp refinery was expected to reach full capacity by “mid 2014;” the company declines to comment on whether this im...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
UN: How GCC Petchems Players Can Combat Shale Revolution
...REGIONAL GCC governments’ plans to diversify their economies by developing large-scale petrochemicals projects are being challenged by the North American shale gas boom, says UN agency Unctad. The agency’s World Investment Report 2014 (see p20) says that “the shale gas revolution in No...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Saudi Leads Capacity Expansion But Mideast Runs Slide-BP
...SAUDI ARABIA Middle East refiners raised their combined crude distillation capacity by 567,000 b/d or 6.9% in 2013 to 8.822mn b/d, according to the BP Statistical Review 2014. The largest increment, of 400,000 b/d, was in Saudi Arabia, taking the kingdom’s total throughput capacity to 2....
Volume: 57Issue: 25Published at Fri, 20 Jun 2014 -
Reality Check For Libya’s Downstream Plans
...r 2014 to cover some of the early phases of the master plan,” NOC downstream development chief Muhammad Ellob told the 3rd New Libya Oil and Gas Forum held in London last week. Early works for the upgrade of the 120,000 b/d Zawiya refinery west of Tripoli and the construction of a 20...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Qatar Starts Up Clean Diesel Unit, Targets ‘Next Generation’ Chemicals
...nstruction beginning in July 2012. The plant was connected up to the Laffan Refinery electricity network in January 2014, ready for the shutdown of LR1 for the hook-up. Full operation of the DHT plant will mark the completion of the smallest of a number of downstream developments currently under way in Qa...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014 -
Turkey’s Petkim Readies For Integration Of STAR Refinery
...8,000 t/y and PTA capacity to 105,000 t/y. Basic engineering and procurement have been largely completed, and construction work is expected to start in 2014. The $5.5bn STAR refinery is being built by Spain’s Tecnicas Reunidas, Italy’s Saipem, South Korea’s GS Engineering and Construction and Japan’s It...
Volume: 57Issue: 22Published at Fri, 30 May 2014 -
Saudi Refining Output Down In 2013, Major Integration Under Way
...benzene and propylene. At Yanbu’, the Yasref refinery, being built by Aramco and China’s Sinopec, has “made significant progress towards start-up in 2014.” The 400,000 b/d plant will be Saudi Arabia’s “most advanced refinery,” processing Arabian Heavy crude into high quality gasoline, diesel, LPG an...
Volume: 57Issue: 22Published at Fri, 30 May 2014