The Middle East will become a major oil products exporting region largely through completion of the Satorp, Yasref, Jazan and Ruwais refineries through 2020, according to London-headquartered FACTS Global Energy (FGE).

However, the capacity surge is expected to be less sharp than official project schedules suggest, since FGE’s recent Middle East Refinery Additions report predicts delays on most refineries under development. (CONTINUED - 624 WORDS)