Market Brief
COVID-19 Impacts ADNOC Refining Projects Worth $2.89 Billion, an Industrial Info Market Brief
Abu Dhabi National Oil Company's (ADNOC) Refining Division is facing a number of project delays due to the impact of the COVID-19 pandemic
Abu Dhabi National Oil Company's (ADNOC) refining division is facing a number of project delays due to the impact of the COVID-19 pandemic. Industrial Info is tracking $2.89 billion worth of ADNOC projects that have been affected by the coronavirus.
The commissioning of ADNOC's $1.18 billion Gasoline and Aromatics Project (GAP) has been delayed to 2025 from its previous planned commissioning in 2024. The $1.03 billion Ruwais West Refinery Revamp (Formerly CFP Plus) Project, which is still in its nascent stages, is also delayed, with its planned commissioning moved out to 2025 from 2024.
Also, slight delays have been seen in individual capital projects, such as the $20 million Condensate Splitters Revamp at the old Ruwais facility, a $600 million Linear Alkyl Benzene Facility addition and a $30 million Off-Gas Recovery Unit addition at ADNOC's new Ruwais facility.
Click here for a list of related projects.
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