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Asian refiners hopeful for Iranian crude, condensate trade resumption under Biden administration

Asian refiners hopeful for Iranian crude, condensate trade resumption under Biden administration
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Adnoc lifts destination restrictions, signs Chinese MoUs - News for the Oil and Gas Sector

Adnoc lifts destination restrictions, signs Chinese MoUs Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information. Updated: 03/03/2021, 9:27 am Lower Zakum Source: Adnoc Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information. The company’s executive director of Marketing, Supply & Trading (MS&T) Khaled Salmeen said the company had signed memorandums of understanding (MoUs) with two Chinese companies, Rongsheng Petrochemical and Unipec. This comes as part of Adnoc’s plans for its Murban Futures launch.

REFINERY NEWS ROUNDUP: China s Zhejiang to raise capacity by 2025; Japan s runs down on earthquake

REFINERY NEWS ROUNDUP: China’s Zhejiang to raise capacity by 2025; Japan’s runs down on earthquake China’s Zhejiang province in the eastern coast aims to have 90 million mt/year refining capacity by 2025 from 51 million mt/year in 2019, suggesting that Zhejiang Petroleum & Chemical’s phase 3 project is unlikely to launch within the 14th Five Year Plan 2021-25, market sources and analysts told S&P Global Platts. The province’s energy regulator Zhejiang Development and Reform Commission published a draft plan for public comment, which include plans to expand refining capacity, speed up construction of oil pipelines and additional storage capacity for energy security, as well as significantly boost fuel bunkering volume at its pilot free trade zone.

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وكالة أنباء الإمارات - أدنوك ترسي امتياز استكشاف منطقة بحرية على كوزمو من خلال مزايدة تنافسية
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