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

Our Clients

Order Informer

 
Home > News >
 

Algerian oil refinery restarts, kicking off fuel export plan

February 27/2020

MOSCOW (MRC) -- Algeria has restarted the Sidi Rezine oil refinery in Algiers after modernization works that lift annual output to 3.645 million tons from 2.7 million tons a year ago, Hydrocarbonprocessing reported.

Fuel importer Algeria aims to start exporting gasoline next year and diesel in 2024 after upgrades to its refineries, state news agency APS said, quoting Sidi Rezine plant manager Hassen Boukhalfa.

Inaugurated by Prime Minister Abdelaziz Djerad, the Sidi Rezine refinery was shut down in 2018 for modernization work by China Petrolum Engineering and Construction (CPECC).

Algeria currently produces about 30 million tons of refined products a year and imports large quantities to meet growing domestic demand.

OPEC member Algerias gasoline output reached 2.7 million tons in 2019, against total domestic consumption of 4 million tons, Boukhalfa said.

It aims to stop imports this year and begin exporting in 2021 after completion of the upgrades at other refineries.

The modernization plan will also help to increase diesel production, paving the way for first exports in 2024, Boukhalfa said.

As MRC informed earlier, Turkey and Algeria will jointly establish a petrochemicals plant in Adana on the Mediterranean coast, Algerian Energy Minister Mohammed Arkab told state-run Anadolu Agency. Turkeys Ronesans Holding and Algerias state-owned energy company Sonatrach will take part in the project, Arkab said on the margins of the Turkey-Algeria Business Forum. The facility is planned in Seyhan industrial zone for petrochemical development and will have production capacity of 450,000 tons per year of polypropylene (PP). The construction of the plant will be completed in two years and the facility is expected to become operational in July 2022, Arkab said.Sonatarch will supply the planned plant with 540,000 tons per year of propane that will be used to produce polypropylene, he added.

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe