Asia, the Pacific and the Middle East: Downstream update
Australia
Caltex has announced that it is not planning on closing operations at the Brisbane Lytton refinery. The company are however going to close the Kurnell refinery, Sydney in 2014 and convert it in to an import terminal, as the company look s to import more transport fuel that has been processed in Asia.
China
Shell’s plan to construct a refinery and petrochemical facility in China has come to a halt. The project is being led by PetroChina in tandem with Shell and Qatar Petroleum and is likely to cost US$ 13 billion. The problems have arisen due to finding a suitable site for the facility. The plant was originally scheduled to be built in Taizhou and have a processing capacity of 20 million tpy of crude and 1.2 million tpy of ethylene.
India
Hindustan Petroleum Corporation Ltd (HPCL) expects the proposed Rs 37 230 crore refinery and petrochemical project planned for construction in Rajistan to be approved by the Cabinet next week. The facility was originally planned for the Leelala village area but is now to be built in Pachadra.
Iran
Next month, the on going operational plans at the Isfahan and Tabriz refineries are likely to come online. When the work is complete, the facilities will be able to offer Euro 4 standard gasoline for distribution across the country.
Kuwait
Kuwait National Petroleum Co (KNPC) has presented Siemens a contract. The turnkey contract is for the supply of high voltage substations for KNPC refineries. The contract is reportedly worth US$ 239.33 million.
Saudi Arabia
It has been announced that the Jubail refinery will export its first oil cargo this month as the 400 000 bpd plant has now commenced operations. The facility is a joint venture between Saudi Aramco and Total of France. The plant is expected to reach full processing capacity by the end of the year. US$ 8.5 billion was invested in the construction of the Jubail plant.
Edited from various sources by Claira Lloyd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/16092013/asia_middle_east_pacific_downstream_news658/
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