The Kuwait government are expected to completely revive plans for a new 615 000 bpd refinery by the end of March. The plant is expected to cost US$ 15 billion. Plans were originally abandoned in March 2009. The Supreme Petroleum Council will look in to plans for the Al Zour refinery, Kuwait’s fourth over the next few days.
Chennai Petroleum Corporation is planning on constructing a new refinery in southern India. The feasibility study for the 15 million tpy facility is already underway. The company is also looking in to constructing a 6 million tpy petrochemicals facility in Cuddalore. The facility is estimated to come online by 2017.
Essar Oil Ltd., India is discussing plans to construct a new refinery in Indonesia. The company wish to construct a 300 000 bpd plant as refining capacity in Asia’s biggest importing country struggles to meet more and more pressing oil demands.
Sinopec, Exxonmobil and Saudi Aramco are considering forming a joint venture to construct a new refinery in Fuijan. The feasibility study for the site has already begun. The plant will be part of Sinopex’s existing oil and petrochemical complex. The new facility is expected to process 12 million tpy of crude and 1 million tpy of ethylene.
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