Saudi Aramco is saying goodbye to 2022 in style, taking multi-$bn investment decisions on projects aimed at catapulting the firm towards its 4mn b/d liquids-to-chemicals target. The latest move was the 15 December final investment decision (FID) alongside France’s TotalEnergies on the delayed Amiral petrochemicals complex which is to be integrated into the 460,000 b/d Satorp refinery (Aramco 62.5%, TotalEnergies 37.5%).
The Amiral complex will be centered around a mixed feed cracker with the capacity to produce 1.65mn t/y of ethylene. It will receive feedstock of internally produced refinery off-gases and naphtha, as well as ethane and ‘natural gasoline’ supplied by Aramco. According to the joint press release, the complex will also “include two state-of-the-art polyethylene units using Advanced Dual Loop technology, a butadiene extraction unit, and other associated derivatives units.” (CONTINUED - 772 WORDS)