Societe Ivoirienne de Raffinage (SIR) has secured a €577 Mn debt financing to enable modernisation work on its 76.3kbd (3.815Mnta) refinery in Vridi district of Abidjan, Ivory Coast.
Saudi Arabia says it plans to set up a $10 Bn oil refinery in Pakistan’s deepwater port of Gwadar, located in the southwestern province of Balochistan, which is being developed with the help of China.
CNOOC has completed successful performance testing of a diesel liquid-phase hydrogenation (DHT) unit at its two-phased 440kbd (22Mnta) Huizhou refinery in Guangdong province. The unit will produce China VI diesel.
Indian Oil (IOC) plans to pull down Chennai Petroleum’s (CPCL) 20kbd (1Mnta) Nagapattinam refinery and construct a brand new 180kbd (9Mnta) unit in next 5-6 years. National Iranian Oil (NIOC), which holds 15.4% stake in CPCL, is keen to participate in the expansion project.
Phase 3 of Iran's Persian Gulf Star Refinery (PGSR), also known as Bandar Abbas Gas Condensate Refinery, has been inaugurated and will reach full capacity before the month of Bahman (to start on 21 January).