ADNOC Refining Eyes Margins from Crude-Oil Processing Over Next Three Years

Researched by Industrial Info Resources (Sugar Land, Texas)--Abu Dhabi National Oil Company (ADNOC), the United Arab Emirates (UAE) state-owned oil giant, plans to accelerate its overall refining capacity and margins through a series of major expansions at one of its largest refineries.

ADNOC expects to process more than 50 types of heavier and more sour crude oil at its 417,000-barrel-per-day (BBL/d) Ruwais West Refinery following its Crude Flexibility Project, which it expects to commission by mid-2022. ADNOC also plans to increase crude-oil-processing capacity at its 400,000-BBL/d Ruwais East Refinery to 600,000 BBL/d by late 2024.

The total investment value of these projects is roughly $1 billion.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Petroleum Refining Project Database can click here for a list of related projects at the Ruwais facilities.

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