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Abu Dhabi’s state integrated petroleum firm Adnoc has outlined an expanded downstream expansion program. CEO Sultan al-Jabir told the Adipec conference in Abu Dhabi this week that “in downstream, we plan to grow crude refining capacity by 60% and more than triple our petrochemical production.”
These freshly-announced plans would increase Adnoc’s refining capacity by around 540,000 b/d to 1.44mn b/d, given its current crude and condensate processing capacity of just over 900,000 b/d (see table).
Excluding the condensate splitters at Ruwais refinery, Abu Dhabi’s crude distillation capacity is just over 620,000 b/d. The proposed new refining capacity – assuming that no splitters are involved – would place the call on Abu Dhabi crude as high as 1.16mn b/d. Adnoc aims to raise oil production capacity to 3.5mn b/d by the end of 2018 from 3.1mn b/d, with plans including an increase to 1mn b/d from Upper Zakum by 2024 ( MEES, 17 November ). The hike to refining capacity – no timeframe for which has yet been announced – would obviously eat into the volumes of crude available for export.
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