Middle East downstream news
Iran to have US$50 billion oil revenues
Petroleum Minister Bajan Zangeneh has said that Iran's oil revenues will reach US$50 billion.
Pakistan to build first naphtha cracker complex
Pakistan has announced its plans to build its first naphtha cracker complex, according to the Pakistan Chemical Manufacturers’ Association.
AL WAHA Petrochemicals use Honeywell services
AL WAHA Petrochemicals has announced it will use Honeywell's Connected Plant to improve its plant performance.
LNG imports in Turkey
LNG Imports in Turkey have been projected to reach 9 million t by 2025, according to TechSci Research Report.
Excelerate Energy to install second FSRU
Excelerate Energy has announced it will install a second floating storage and regasification unit (FSRU) in Port Qasim, Pakistan.
AL WAHA Petrochemicals to use Honeywell services
AL WAHA Petrochemicals Company has announced it will use Honeywell's Connected Plant in order to improve plant performance.
ADNOC signs agreement for crude oil reserve
ADNOC has announced it has signed an agreement for 5.86 million barrels of strategic crude oil reserves in India.
FGV reinforces position in Pakistan
FGV has announced it will reinforce its leadership position in Pakistan with business expansion projects, including a multipurpose tank terminal and modern warehouse to expand its jetty operations in Pakistan.
Coreworx interface management implemented in Oman
Coreworx has announced that its interface management has been implemented at a US$3.6 billion petrochemical complex project situated in Oman.
Technip awarded contract
Technip has been awarded a service contract including proprietary technologies for a new gas and petrochemical complex in Azerbaijan.