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Brooge Petroleum to build oil refinery in Fujairah

May 23/2019

MOSCOW (MRC) -- The United Arab Emirates Brooge Petroleum and Gas Investment Co (BPGIC) said that it plans to set up an oil refinery in Fujairah to produce bunker fuel that complies with new international laws capping sulfur content in shipping fuels, reported Reuters.

The first phase of the planned 250,000 barrel per day (bpd) refinery will be completed in the first quarter of 2020, the company said in a statement.

New regulations from the International Maritime Organization (IMO) will require ships to use fuels with a sulfur content below 0.5% beginning in 2020. Current shipping fuel is much dirtier, with a higher sulfur content.

As MRC wrote before, in September 2018, Borouge PP Plant EPCBorouge signed the Engineering, Procurement, and Construction (EPC) contract with Maire Tecnimont Group for building its fifth polypropylene (PP) plant with a capacity of 480,000 t/y in Ruwais to increase production capacity of PP by 25% to 2.24 million tonnes t/y. This opens up new opportunities to integrate with the local industries. The new PP5 plant will be added to the existing Borouge 3 plants in Ruwais scheduled to be commissioned in Q3 2021.
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, petrochemistry, Borealis, Borouge, United Arab Emirates (UAE).
Category:General News
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