IEA Sees Ethylene Market Driven By Ethane Cracker Surge

...st and the US, according to the International Energy Agency (IEA). In the 12 October Medium-Term Oil Market Report the agency predicted that global ethylene capacity will rise to 183.4mn tons/year in 2017 from 147.6mn t/y in 2011, equivalent to yearly growth of 3.7%.   In 2012, oil eq...

Middle East Refinery Capacity To Surge, Says IEA

...owing regional oil product demand,” Toril Bosoni, refining analyst for IEA’s monthly Oil Market Report, told MEES. The IEA sees Middle East oil demand growing by 1.7mn b/d from 2011 to 2017 or an average annual growth rate of 3.4% – the highest in the world. With forecast additions to Middle East re...

Duqm Complex Set For 2017 Completion

Algeria Advances Refining Expansion With Start Of Biskra Construction

...0,000 b/d set to come onstream by 2017.   The Biskra plant will produce 500,000 t/y (11,600 b/d) of gasoline, 220,000 t/y (7,000 b/d) of LPG and 169,000 t/y (3,600 b/d) of Kerosene, according to energy minister Youcef Yousfi, speaking at the launch. Three further plants of “similar” configuration ar...

Oman Pushes Refinery Expansion, Considers Impact On Crude Exports

...finery – is scheduled for start up in 2017, followed by Phase 2 – a petrochemicals plant, which is still being studied. It could produce ethylene depending on gas supply. Oman faces a gas shortage, but BP’s 1bn cfd Khazzan-Makarem tight gas project could be on stream by then (MEES, 20 July). Or Oman could op...