Refining & Petrochemicals

The Middle East & North African downstream sectors is split into ‘haves’ and ‘have nots’. The wealthy countries with economies boosted by oil and gas exports are mainly looking to expand their downstream industries to squeeze more out of their oil assets. The poorer countries struggle to meet demand for fuels.

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Saudi Petchems: Net Profits For Listed Firms ($bn)

SIIG & Petrochem Net Profits Undermined By Oil Prices, Outages ($mn)

1: Iraq Refineries’ 2019 Products Output (‘000 B/D): Fuel Oil Is 44% Of The Total

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