Asian Chemical Connections
Saudi Aramco plans to increase its focus on petrochemicals by converting refinery products into aromatics, as ethane availability in Saudi Arabia declines
A new wave of aromatics investments is under discussion in Saudi Arabia. As part of a move further into petrochemicals, state-owned Saudi Aramco is building refineries with downstream aromatics production, as well as exploring ways to add aromatics at its existing refineries.
INSIGHT: Economy, politics, friendship and security blended in oil
"Iran believes it can raise oil production by 1m bbl/day in the short term, and increase production even further."
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