Friday 31 July 2015
 
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naphtha

Asian petchem makers earning near record margins

Asian petrochemical makers are earning near record margins for turning naphtha into ethylene this year as low oil prices cut feedstock costs at the same time that delayed or cancelled projects keep the market undersupplied. Asian

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Asian petchem makers earning near record margins

Asian petrochemical makers are earning near record margins for turning naphtha into ethylene this year as low oil prices cut feedstock costs at the same time that delayed or cancelled projects keep the market undersupplied. Asian

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KPC’s naphtha spot exports higher than usual

Kuwait Petroleum Corp (KPC) has sold 25,000 tonnes of full-range naphtha for July loading, bringing its total spot exports this month to more than 70,000 tonnes, traders said on Friday. This is the highest spot volume KPC had sold

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Iran plans to build eight new refineries

Iran is planning to build a total of eight condensate refineries stretching over an area of about 300 hectares in the South Pars region in the southern Iranian province of Bushehr, a report said. The project will be fully implemen

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Iran plans to build eight new refineries

Iran is planning to build a total of eight condensate refineries stretching over an area of about 300 hectares in the South Pars region in the southern Iranian province of Bushehr, a report said. The project will be fully implemen

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Tasweeq cancels April naphtha ahead of splitter shutdown

Qatar's Tasweeq has cancelled a sale tender for 75,000 tonnes of naphtha for April lifting from Ras Laffan, due possibly to an outage at a condensate splitter which has been scheduled to shut next month, traders said.  

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Adnoc sells naphtha below market rate from Ruwais

Abu Dhabi National Oil Co (Adnoc) has sold about 125,000 tonnes of naphtha to Vitol at premiums that were at least $10 below the market rate of $28 a tonne to Middle East quotes on a free-on-board (FOB) basis, traders said on Friday.

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Bahrain sells 2015 naphtha at premium $7.25 per tonne

Bahrain Petroleum Co (Bapco) has signed its 2015 naphtha deal with at least one buyer at $7.25 a tonne above Middle East quotes on a free-on-board (FOB) basis, down 74 per cent from its existing contract price, traders said.  

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Qatargas sponsors Doha condensate forum

Qatargas is a gold sponsor of the 18th annual Condensate and Naphtha Forum which opened yesterday (November 3) at the Ritz Carlton Doha. Held annually since 1996 in Asia, Middle East & Australia, the two-day Condensate & N

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Saudi Aramco offers naphtha at record prices

Saudi Aramco, the top naphtha supplier to Asia, offered naphtha supplies for lifting in the second half of this year at premiums of $25 to $33 a tonne to its own price formula, making these the highest offers it has ever quoted, traders said on Mo

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