January 5th, 2018

MEG product exports

Shifting focus

The next wave of Middle Eastern refinery capacity growth kicks off with Saudi’s Jizan refinery in the second half of this year. Over the next three years we are likely to see the region add nearly as much refining capacity as during the preceding four years – a period that firmly established the region as a refined product export hub. But while the last phase boosted distillate exports to Europe and Eastern/Southern Africa, this phase should focus on Asian markets.

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