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REFINERY NEWS ROUNDUP: Middle East companies look at low-carbon projects | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
REFINERY NEWS ROUNDUP: Gasoline demand rising in Middle East Fujairah’s 95 RON gasoline market could rise to pre-pandemic levels in the coming months on increased demand and limited supply, according to regional traders. Gasoline availability has been tight as supply has not been matching demand. “There are minor refinery shutdowns and demand is picking up as summer comes,” a trader said. “People drive more as there are no lockdowns in the region.” According to S&P Global Platts data, Oman’s Sohar refinery was undergoing unscheduled maintenance after unexpected outages affected its gasoline output. Separately, Saudi Arabia’s Jazan refinery is ramping up, with a total 8.72 million barrels of crude discharged in March, according to commodity data company Kpler. The Jazan refinery is facing regular missile attacks launched from just across the border with Yemen, though sources say it remains unclear when the much-delayed facility will enter full commerci ....
New and revised entries Saudi Satorp refinery is gradually coming back after partial works, according to trading sources. The scheduled partial works have been ongoing since the second half of February. Syria s Banias refinery has resumed operations after receiving fresh supply of crude oil, the country s SANA news agency reported April 10 citing the refinery s director general. The refinery has returned to work following a one-month shutdown because of the lack of crude oil. Separately, a fire occurred on April 6 at the crude distillation unit 21 at Syria s Homs refinery though it was immediately put out. Homs completed maintenance work on the atmospheric distillation unit 21 in mid-January, S&P Global Platts has reported previously. The refinery also completed maintenance of the atmospheric distillation units 10 and 22 in early December. Currently the refinery is undergoing staggered maintenance, which will next involve the delayed coker unit 11 and a coal unit. ....
Fujairah to get fourth refinery in 2021 LONDON, December 24, 2020 Fujairah s fourth refinery should come online in 2021 as Brooge Energy expects its 25,000 barrels per day (b/d) refinery producing low sulfur fuel oil to be launched in the second half of the year, said S&P Global Platts. The port s third refinery was started in April 2020, a 15,000 b/d plant owned by Ecomar Energy Solutions. Its capacity has since been expanded to 20,000 b/d, with plans to hit 60,000 b/d by 2023. We see the future as looking pretty good, Ecomar s trading director Leigh Shaddick said in an interview. We are able to be nimbler than the big oil companies. The UAE has done a fantastic job managing Covid-19. The Port of Fujairah has done a great job. The infrastructure is there and there have been no delays in vessels coming in or leaving the port. ....