Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Turkish state refiner Tupras spent $2.7bn on a residue upgrader at its Izmit plant, transforming it into one of the most complex refineries in the world and enabling the firm to remain competitive in a squeezed and rapidly changing market.
Tupras expects to reach full capacity any day now on a residue upgrader at its Izmit refinery, which will enable it to revive capacity utilization across its four refineries, which account for all of Turkey’s 560,000 b/d refining capacity, and reduce the volume of products it imports to meet commitments to its distribution and retail affiliates.
Tupras is hoping to raise its total capacity utilization to 95% – up from 72% for 2014 – once the upgrader is running at full throughput, allowing it to raise its products output to 27.5mn tons for 2015 from 20.1mn tons (422,000 b/d) for 2014, as well as lightening the product slate. The upgrader will turn 77,000 b/d of residual fuel oil into 75,000 b/d of diesel/jet, gasoline and LPG (see table).
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE