London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

ADNOC to build largest global refining & chemical site

March 12/2018

MOSCOW (MRC) -- State oil giant Abu Dhabi National Oil Co (ADNOC) plans to build the world's largest integrated refining and chemical site in Ruwais, United Arab Emirates, ADNOC's chief executive officer said on Tuesday, reported Reuters.

Speaking at the CERAWeek conference in Houston, Sultan al-Jaber, head of ADNOC, said downstream investments like refining and chemicals represent the company's biggest future opportunity. The company plans on tripling petrochemical production to 14.4 MMtpy by 2025, he said.

"Our goal by 2025 is to transform Ruwais into the largest integrated refining and chemicals site in the world - doubling our refining capacity and tripling our petrochemicals production," said al-Jaber.

Al-Jaber said the company also plans to make unexplored blocks of oil in the UAE available for auction in the near-future.

As MRC informed earlier, in May 2017, Abu Dhabi National Oil Company (Adnoc) announced that it would work together with the Austrian producer OMV to help grow Adnocs downstream businesses.


mrcplast.com
Author:Margaret Volkova
Tags:Europe, crude and gaz condensate, car components, petrochemistry, ADNOC, OMV, United Arab Emirates (UAE).
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe