Skip to main content

EMEA: Downstream news update

Hydrocarbon Engineering,


Bahrain

Bahrain Petroleum Co. is going to complete an upgrade of its only refinery by 2019. The upgrade work will increase processing capacity by 35%. Work at eh Sitra refinery will begin in 2015 and will increase capacity to 360 000 bpd.

Belarus

Belneftekhim and OAO NK Rosneft have agreed on an oil delivery contract that will continue in to 2014. The deliveries of oil will be sent to Belarus’ refineries for processing. There has also been discussion of Rosneft supplying natural gas to some of Belneftekhim’s facilities.

Iran

It has been announced that eight small to mid sized gas condensate refineries are going to be built in the Assaleyeh region of Iran. Five investors have already been secured for the plants and companies within the country’s private sector are building them all.

Kuwait

Kuwait National Petroleum (KNPC) has contracted Siemens to supply high voltage substations to its refineries. The project is scheduled for completion in December of 2015.

Russia

An unlicensed refinery has been found in Russia’s far east by the Federal Security Service. The illegal plant is estimated to have made US$ 3 million in revenues during its 18 months of operation. The plant is big enough to be processing 32 m3/d of crude oil and has been distributing its illegally refined products throughout the far east of the country.

The Khabarovsk refinery in Russia’s far east is to be upgraded to push capacity to 100 000 bpd. The plant is owned by Alliance Oil Co. and currently has a processing capacity of 90 000 bpd. Alliance has an investment plan for the facility with a budget ot US$ 1.4 billion.

Scotland

It has been confirmed by bosses at Ineos that the Grangemouth petrochemical site will close in 2017. This will be a definite if the facility continues to lose over £ 100 million every year. Over the last three years the site has been losing approximately £ 150 million a year.

Uganda

Uganda’s four East African partner states have been invited to invest in the public shares available in the new refinery proposed for the country. 40% of the shares are available for purchase and purchase agreements need to be confirmed by 15th October.

Edited from various sources by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/20092013/emea_downstream_news_sep13/


 

Embed article link: (copy the HTML code below):