Egypt Invests $9 B in Refining Projects
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.
The company is aiming to produce 1.3 million tons of mazut, 1.3 million tons of naphtha, 1.2 million tons of diesel, 485,000 of jet fuel, 99,100 tons of butane, 37,000 metric tons ofs solvents, and 6,600 tons of n ...
Assiut Oil Refining Company (ASORC) plans to refine 4.1 million tons of crude oil during fiscal year (FY) 2019/20, according to company head Mahmoud Hassan.
The 7.8 million tons will be refined at the Mostorod and Tanta refineries, and will include 750,000 tons belonging to Egyptian Refining Company (ERC).
Production of polymer-grade propylene at Abu Dhabi National Oil Company's (ADNOC) newly-commissioned Propane Dehydrogenation (PDH) unit at the Ruwais refinery complex has reached full capacity.
Alexandria Petroleum Company refined around 4.3 million tons of crude oil during fiscal year (FY) 2017/18.
A refinery jointly-owned by Saudi Aramco and Malaysian state-owned Petronas will receive its first cargo of oil by the end of September.
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to sell a minority stake in its refining business, and is in advanced negotiations with multiple potential buyers including Italy’s Eni.
Reliance Industries Limited (RIL) announced that it will stop importing Iranian crude from November to comply with US sanctions on the Islamic Republic.
Iran is preparing to bring two new gas refineries that cover Phases 13, 22, and 24 of the South Pars gas field online.