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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 -
Kuwait Eyes Push Into US Petchems With Award Of MEG Plant Contract
...tegrated with a 615,000 b/d refinery under development by state refiner KNPC and also a proposed aromatics project. PIC says the economic pre-feasibility study for Olefins 3 was completed in 2009 and a detailed feasibility study was completed in 2011. While the Al-Zour refinery and a clean fuels pr...
Volume: 59Issue: 47Published at Fri, 25 Nov 2016 -
Saudi Exports, Output Full Steam Ahead Pre-Opec Meeting
...liveries. The kingdom remains a net gasoline exporter for the year – the first time since 2011. State oil firm Aramco’s magazine Arabian Sun reports that its 245,000 b/d Yanbu refinery began receiving alkylate product on 12 October. It reports that this enables it to boost gasoline production 25% from 33...
Volume: 59Issue: 46Published at Fri, 18 Nov 2016 -
Egypt’s Refiners Struggling To Keep Pace With Products Demand
...balance, with imports worth $67bn and exports just $18.5bn in 2015, according to ministry of trade statistics. Tourist revenue and direct foreign investment, the main earners of foreign exchange for Egypt have gradually fallen since the 2011 revolution with a worsening of the security situation in the co...
Volume: 59Issue: 43Published at Fri, 28 Oct 2016 -
Oman Announces New Bid Round As Record Output Continues
...uts the north-western border with Oman, along with Oxy’s Block 9 and PTT’s relinquished Block 44. Again a tight gas play, the last well was drilled in 2011. The final onshore offering is Block 49, which is on the south-western border with Saudi Arabia. To the east of the block is DNO’s Block 36. DN...
Volume: 59Issue: 41Published at Fri, 14 Oct 2016 -
Aramco Eyes Houston Refining Hub As Motiva Break-Up Advances
...mpany is in advanced negotiations with Chinese state firm CNPC for joint construction of a refinery in China’s southwestern Yunnan province. “We hope to reach an agreement this year,” he said. CNPC and Aramco signed an MoU in March 2011 to jointly build the first refinery in the province, which wo...
Volume: 59Issue: 36Published at Fri, 09 Sep 2016 -
Turkey’s Tüpraş Racks Up Profits, Maxes Output As Runs Of Iraqi Crude Double
...14 2010 2011 2012 2013 2014 2015 '000 b/d % Crude Throughputs 393 42...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Aramco Dusts Off Plans For $2bn Ras Tanura Clean Fuels Project
...at at least three rounds of bidding for the Ras Tanura upgrade have been conducted already without any EPC awards. The project is expected to cost $2bn. Aramco awarded front end and engineering design (FEED) for the Ras Tanura clean fuels upgrade to US firm Jacobs Engineering in 2011, under the Ge...
Volume: 59Issue: 09Published at Fri, 04 Mar 2016 -
Petchems To Dominate MENA 2016 Downstream After 2013-14 CDU Boost
...PC to speed up plans to expand refining capacity and in particular upgrading. While Egypt is pushing a number of large and small-scale refining projects, investment momentum is still rebuilding after a lull from 2011 until last year. In 2016 only one Egyptian project is scheduled for co...
Volume: 58Issue: 52Published at Wed, 23 Dec 2015 -
Algeria Looks May Trim Refining Plan Further As Reduced Export Revenues Bite
...made clear to industry players operating in Algeria. Boosting Algeria’s refining capacity is of strategic importance for the government. Firstly, because of rocketing domestic demand for transport fuels, Sonatrach has had to import both gasoline and diesel since 2011, with volumes reaching pe...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Middle East To Drive Gas Growth, But Is It Sustainable?
...th renewables. But there are huge regional discrepancies – and the consensus is that outside of the US, the “golden age of gas” touted in the organization’s 2011 WEO remains a long way off. GLOBAL DEMAND DOWN, MIDEAST UP The IEA has increased its demand outlook for the Middle East si...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Cairo Struggles With Products Shortages
...reign exchange reserves fell to $16.3bn at the end of September, less than half of the $36bn they stood before January 2011 (see graph, p16). This lack of dollars will also make it harder for Egypt to repay international oil companies (IOCs). State oil firm EGPC has had to look for ways to obtain do...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015 -
Despite Record Gasoline Imports, Egypt’s Retail Pumps Run Dry
...14 2014 2013 2012 2011 CRUDE OIL: Production* 692 +4 688 676 68...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Israel Refineries Maintain KRG-Fueled Near-Record Runs
...%. > In contrast the 100,000 b/d-capacity Paz Ashdod refinery held output at a record 107,000 b/d throughout the first six months of 2015. The company is reaping the benefits of a major expansion and upgrade of Ashdod refinery in 2011 and 2012 (MEES, 29 August 2014), which not only increased crude di...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
GCC Fertilizers Capacity Hits 41Mn T/Y, But Feedstock Crunch Awaits
...particular is diversifying by mining indigenous phosphate to produce DAP. First DAP fertilizer was produced in 2011 and Saudi DAP capacity is now 3.4mn t/y. Saudi miner Ma’aden is expanding its phosphate developments under a $7.97bn program, says the GPCA. More conventionally, Bahrain’s Gulf Pe...
Volume: 58Issue: 38Published at Fri, 18 Sep 2015 -
Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand
...163,000 b/d in 2011 – when the Mubarak regime was overthrown and Egypt’s economy went into decline – diesel output averaged 150,000 b/d in the first five months of 2015, compared with 142,000 b/d in 2014. The recovery in domestic diesel production appears to be keeping the need for imports in ch...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
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 -
Tupras Sees $2.7Bn Izmit Upgrader Boosting Refining Margins
...sulfurization 25.2 Sulfur Recovery 440 T/D SOURCE: TUPRAS TUPRAS KEY INDICATORS (‘000 B/D) 2010 2011 2012 20...
Volume: 58Issue: 14Published at Fri, 03 Apr 2015