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Free AccessOman's Duqm Refinery Aims to Process Heavier Grades
Oman’s recently inaugurated Duqm refinery may start processing more crude grades from the end of the year and studies are currently underway according to its CEO David Bird speaking with Reuters.
- "That was thought of in the process of design, to make sure we could process some of the heavier, more sour crudes," Bird said.
- The refinery is currently running at full capacity of 230,000 bpd and processing 65% Kuwaiti crude and 35% Omani.
- "Towards the latter half of 2024 and beyond we will be looking at a full merchant refinery model of processing advantage crudes," Bird said.
- Since operations at the refinery started last May, around 100 shipments of 4.1mn tons combined of oil products have been shipped globally.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.