November 2015

Trends and Resources

HP Business Trends

Despite the drop in crude oil prices, Saudi Arabia is continuing to build out multiple downstream infrastructure projects.

Nichols, Lee, Hydrocarbon Processing Staff

Despite the drop in crude oil prices, Saudi Arabia is continuing to build out multiple downstream infrastructure projects. This included the launch of the SATORP refinery (pictured) in 2014. SATORP is a JV between Saudi Aramco and Total SA. The 400-Mbpd grassroots refinery is designed to process Arabian Heavy crude oil to produce “clean” transportation fuels and petrochemical products. It is the largest Middle Eastern refinery that can produce coke. The SATORP refinery came online in July 2014 after five years of construction. With the addition of the YASREF refinery (also completed in 2014) and Jazan refinery (under construction), Saudi Arabia will be instrumental in adding 1.2 MMbpd of new

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