Sri Lanka’s sole refinery, which was closed last week due to a delayed crude oil delivery, will resume operations within two days, with an expected one million bbl of Omani crude.
The Kuwait Petroleum Corporation (KPC) board has agreed that it will go ahead with the establishment of a new refinery and petrochemical complex in Vietnam.
An engineering, procurement and construction (EPC) contract for the expansion of the Sohar refinery will be awarded within the next few months. The expansion project is expected to improve the Sohar refinery’s product range and increase refining capacity by 60 000 bpd.
The petrochemical projects that have come online since the beginning of the new Iranian year (which began on 21st March, 2013) will raise the company’s revenues by US$ 2 billion.
Managing Director of the National Petroleum Company, Abdolhosain Bayat, has announced that five new projects have raised nominal production capacity of petrochemicals by 38 million t.
Also in Iran, the manager of the upgrading project at the Imam Khomeini oil refinery has announced that the first propylene consignment to be produced there is ready for loading and export. Rashid Seyyedian outlined that this would be the first petrochemical product to be produced and exported by an Iranian oil refinery. Moving forward the refinery will produce 1.2 million ltrs/d of propylene.
Essar Projects has secured three new orders totaling US$ 80 million in Abu Dhabi. The first, from Takreer, is for engineering procurement and construction (EPC) and construction works. Merichem Technologies, Houston, is to be the technology partner for the project and the contract is to be completed in 27 months.
The second, from Samsung Engineering, Korea, is for civil works for the carbon black and delayed coker (CBDC) project for the Ruwais refinery. This contract needs to be completed within 22 months.
The third contract, from G S Engineering, Korea, is for the construction of twin inter refinery pipelines (IRP), which will be completed within 8 months.
Also in Saudi Arabia, the Saudi Aramco Total Refining and Petrochemicals (SATORP) Jubail refinery is expected to be completely operational by the end of 2013. The project, which is a joint venture between state owned Saudi Aramco and France’s Total, is currently at its halfway stage in the commissioning process. Once complete, the refinery will have a 400 000 capacity.
Edited from various sources by Emma McAleavey
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