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Europe Looking to Middle East for Diesel Supplies

REFINING

Commissioning delays have held up oil product output from new refineries in Saudi Arabia, Kuwait and Oman as Europe looks to the Middle East to replace missing Russian supplies.

  • Kuwait is aiming to increase diesel supplies to Europe fivefold to 2.5m tons and double jet fuel supplies to 5m tons by increasing output from the 615kbpd Al Zour refinery. The refinery expects to start the second of three lines in Feb and the final one in April to produce about 145kbpd of low sulphur diesel.
  • The 400kbpd Jazan refinery in Saudi Arabia is ramping up production after delays from an initial plan to start operations in 2017. No diesel has yet been sent to Europe according to Vortexa with the output not yet meeting Europe emissions specifications.
  • The 230kbpd Duqm refinery in Oman had an initial target to start in 2020 but has now been delayed to later this year.
  • UAE is looking to use extra capacity at the Ruwais refinery to increase diesel supplies to France and Germany by 100kbpd.
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