Refining Report: Major projects under way in Middle East
Countries in the region are expanding plants and building grassroots facilities, with countries in Africa keen to cut their fuel import bills
The Middle East is forecast to add approximately 1.6m b/d of new distillation capacity between 2022 and 2027, according to OPEC. Around 38% of this new capacity is attributed to the startup of Kuwait’s 615,000b/d Al Zour refinery, the region’s largest refining complex. However, several Middle Eastern countries are also investing in new capacity through facility expansions and/or grassroots facilities. These projects not only include increasing distillation capacity but also boosting secondary unit capacity by 3m b/d by 2028. Most secondary unit capacity additions (more than 2m b/d) will be in new desulphurisation units to produce high-quality, ultra-low-sulphur (ULS) fuels for both domestic
Also in this section
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised