Saudi naphtha consumption was zero for the nine months to November 2019, and a mere 5,000 b/d for December. Yet refinery naphtha output and exports have continued with apparently normal seasonal and operational variations, according to Jodi data (see chart).
Since the Sadara petrochemicals joint venture complex operated by state firm Aramco (65%) and US firm Dow Chemical (35%) is the main customer for naphtha in Saudi Arabia, the implication is that the Sadara cracker is processing little naphtha. (CONTINUED - 323 WORDS)
