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Egypt Advances Refinery Upgrades As It Looks To Curb Record Fuel Imports
...finery $mn Project KB/D 2016: Assiut 25 Vapor Recovery (LPG) 3.9 2017: Suez 36.5 Vapor Recovery (LP...
Volume: 59Issue: 13Published at Fri, 01 Apr 2016 -
Iran Boosting Exports Of Products As Well As Crude; Gasoline Exports To Follow?
...0mn (MEES, 6 November 2015). Iran hopes the plant will come fully onstream in the second half of 2017. 1: IRANIAN REFINERY OUTPUT (‘000 B/D)... ...% OF TOTAL 2: IRAN NET OIL PRODUCTS EXPORTS (‘000 B/D) 3: IRAN GASOLINE SUPPLY (‘000B/D)...
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Turkey’s Tüpraş Racks Up Profits, Maxes Output As Runs Of Iraqi Crude Double
...anned. However, Azeri state firm Socar is building the 200,000 b/d capacity Socar Turkey Aegean Refinery (STAR) at Aliaga, for integration with the Petkim petrochemicals complex. Start-up is scheduled for 2017 and the project is expected to cost $5.5bn. Turkey’s Calik Enerji has also proposed a 30...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Algeria Looks To Get Refining Expansion Back On Track With FEED Awards
...at were to be four 5mn tons/year (108,000 b/d) refinery projects – ie 20mn t/y, the equivalent of two-thirds of current capacity – for start-up from 2017. By mid-2015 the plan had slipped to two 108,000 b/d refineries and one 3mn t/y (64,000 b/d) plant, with start-up anticipated “beyond 2020.” No...
Volume: 59Issue: 10Published at Fri, 11 Mar 2016 -
Iran Inks First Post-Sanctions Petchems Deal: Will It Catalyze Sector Revival?
...uld earn $18bn on petchems sales in the current Iranian year up from $16bn for 2014-15. He says the country’s petchems income is expected to reach $22bn by 2017-18. Mr Zanganeh says Iran’s upstream and downstream expansion plans require a total investment of $200bn: $130bn upstream and $70bn for pe...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
Kuwait Refining Earnings Undermined By Weak Product Export Prices
...oject (CFP), which involves upgrading the existing Mina al-Ahmadi and Mina Abdullah refineries by the end of 2017 (MEES, 13 March 2015). The CFP is now more than 40% complete, Mr Mutairi says. Although Mr Mutairi did not name the other projects in the KD11bn of strategic projects, KNPC separately to Al...
Volume: 59Issue: 05Published at Fri, 05 Feb 2016 -
Egypt’s $3.7bn ERC Project On Schedule
...The Egyptian Refining Company (ERC) joint venture is on schedule to start production at its $3.7bn hydrocracker-based project at Musturud near Cairo in the first quarter of 2017, according to Managing Director Muhammad Sa’d. “We have so far completed 80% of the construction work and we wi...
Volume: 59Issue: 04Published at Fri, 29 Jan 2016 -
Petchems To Dominate MENA 2016 Downstream After 2013-14 CDU Boost
...its during 2017-18. Egyptian state petchems firm Echem is also progressing a number of petrochemicals projects, including two which could potentially be completed in 2016: Ethydco Ethylene, a 460,000 t/y ethane cracker; and the 400,000 t/y Ethydco Polyethylene plant which will process most of the cr...
Volume: 58Issue: 52Published at Wed, 23 Dec 2015 -
Sabic And Exxon Start First Saudi Elastomers Plant
...astomers capacity in 2016 or early 2017. The 50/50 Kemya JV was established between Sabic and ExxonMobil’s Exxon Chemical Arabia affiliate in 1980 and began producing polyethylene in 1984. Kemya currently produces 700,000 t/y of ethylene and 1.1mn t/y of polyethylene for sale in the domestic, regional an...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Bahrain Signals Start Of Sitra Refinery Expansion, Targets 2020 Start-Up
...finery. Bapco and Saudi Aramco awarded $300mn of EPC contracts for the pipeline recently, for completion in late 2017/early 2018 (MEES, 25 September). SITRA BY NUMBERS Sitra refinery currently receives crude through an ageing 230,000 b/d pipeline, which is due to be shut down in 2018, from Dhahran in...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Algeria Looks May Trim Refining Plan Further As Reduced Export Revenues Bite
...finery plan, with both initially due for 2017 start-up, to be followed by similarly sized projects at Ghardaia and Hassi Messaoud. Sonatrach started civil works at Biskra in 2012 and officially launched the project in 2013, saying it would finalize deals with contractors by year-end. But the construction de...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Rabigh 2 Joins Petchems Start-Up Queue, Saudi Capacity Surge Nears
...BIC/Celanese Jubail, S Arabia 2016 50 polyacetal SABIC/Mitsubishi Jubail, S Arabia 2017 250 MMA, 40 PMMA SA...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Oman Invites Bids For Building Duqm Refinery, Awards Liwa Cracker
...r a PET technology license. Ompet had planned to achieve financial close for its PTA/PET plant by mid-year, with a view to project start-up in 2017. However, the financial arrangements have yet to be concluded, which suggests that the PTA/PET plant start-up target is likely to be pushed into 20...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Middle East To Drive Gas Growth, But Is It Sustainable?
...ian countries. Spot prices in East Asia were reported at around $6.6/mn BTU in October, compared with around $12/mn BTU a year ago. “We expect LNG prices to fall by around 20% next year, and by another 18% in 2017,” Moses Rahnama, gas analyst at London-based Energy Aspects tells MEES. LNG pr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Cairo Struggles With Products Shortages
...vember, could be renewed, while negotiations are taking place with Kuwait to supply 500,000 barrels of gasoline and diesel a month to meet public fuel needs during the winter period in 2016 and 2017. Additional volumes will come not a moment too soon. After hitting a record high of 277,000 b/d in Ju...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015 -
Kuwait Signs $13bn Refinery Contracts, Pledges Continued Oil Investment
...w 336 Nghi Son, Vietnam (35.1%, 2017) 200 Indonesia (MOU only) 160 China (MOU on...
Volume: 58Issue: 42Published at Fri, 16 Oct 2015 -
Aramco Advances Downstream Plans With Petro Rabigh, Sadara Progress
...me in next year and the chemicals plants – polyurethanes intermediates and polyurethanes products – in 2016 and into 2017.” Sadara’s cracker will be the first in the Middle East to process naphtha – the project has feedstock agreements in place for up to 53,000 b/d of naphtha and 85mn cfd of et...
Volume: 58Issue: 41Published at Fri, 09 Oct 2015 -
Kuwait Nears Sale Of European Refinery, Targets Asian Downstream
...er 900,000 b/d was refined at home. While the sale of the Rotterdam refinery would reduce its sales into Europe, KPI is a partner in the Nhgi Son refinery in Vietnam, due onstream in 2017 and requiring 200,000 b/d of crude. The company is also pursuing refining projects in Indonesia and China. AS...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Oman Eyes 2018 Completion Of Linked Downstream Projects, But Liwa Cost Rising
...ld reporters this week that work on the Sohar refinery expansion, which began in 2014, is expected to be completed in the fourth quarter of 2016. The products pipeline and storage terminal are scheduled for completion in 2017, while Liwa will be ready for start-up in 2018. LIWA COULD COST $5B...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Saudi Arabia’s Sadara Petchems JV To Supply Juffali Plant With Feedstock
...asChem in the first half of 2017 (MEES, 7 August). Sadara says it will provide Juffali’s BTG unit with almost all the raw material it requires. Other Juffali units, including the polyurethanes plant, will take some raw materials from Sadara and some from third party suppliers. Juffali’s MDI and BT...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015