Downstream update: Asia and Africa
Africa
Nigeria
By 2017, Nigera’s refining capacity could reach 800 000 bpd, however, this all rests on the construction of six refineries by the Federal Government and one by Africa’s richest man, Aliko Dangote. Dangote has promised to spend US$ 8 billion to build a 400 000 bpd refinery by the end of 2016.
Asia
India
Numaligarh Refinery Limited is looking into expanding capacity at its facility. If the project is feasible, the plant’s processing capacity will expand to 9 million tpy from 3 million tpy. As part of the expansion work a new pipeline to transport crude oil from Dhamra port to the refinery will be constructed.
Indian Oil Corporation has announced that the new Paradip refinery project will be commissioned by the end of this financial year. The project is expected to cost Rs 30 000 crore and will process 15 million tpy of heavy and high sulfur crude oils.
The Philippines
TWA are looking to build a 7 million gal./y biodiesel refinery in the country. The plant is expected to cost US$ 1 million and will be the second plant TWA has in the Philippines.
Turkmenistan
By 2020, Turkmenistan is going to boost shipments of natural gas to China by an additional 25 billion m3/y up to 65 billion m3/y. The two countries have signed a purchase agreement.Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05092013/asia_africa_news_roundup621/
You might also like
EIG’s MidOcean Energy completes acquisition of 20% stake in Peru LNG
MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG (PLNG), owner and operator of the first LNG export facility in South America.