Sabuco starts operations
AL KHOBAR: Saudi Butanol Company (Sabuco), a joint venture of local petrochemicals firms, has started commercial operations at its plant in Jubail, one of the shareholders said. The plant will have a capacity of 330,000 tonnes a year of n-butanol, a type of alcohol used to make other chemicals, and 11,000 tonnes a year of iso-butanol. The project is owned by Saudi Kayan Petrochemical Company, Sadara Chemical Company, which is a joint venture between Saudi Aramco and The Dow Chemical Company, and Saudi Acrylic Acid Company.
Dewa to build 64 stations
DUBAI: Dubai Electricity and Water Authority (Dewa) has announced plans to build 64 new power stations over the next three years at an investment of Dh6.7 billion ($1.82 billion). These new substations will be linked to existing electricity networks to enhance their capacity, efficiency, and reliability, said a statement from the Dubai utility.
Qatari LNG tanker logjam
MILAN: Dozens of liquefied natural gas (LNG) tankers parked in and around Qatari export facilities – the world’s biggest hub for the fuel – signal that seasonal maintenance is curbing output, industry sources said. Around 25 tankers, all of which have exported LNG from Qatar in recent weeks, are sitting idle in anchorage areas near to the country’s loading ports, shipping data on Reuters Eikon shows. Several industry sources said that maintenance on one of the production plants, or trains, at top exporter Qatargas was likely to blame for the logjam.
Oxy to explore in Oman
MUSCAT: Occidental Oman (Oxy), the largest independent oil and gas producer in the Sultanate, plans to uncover the hydrocarbon potential in its Block 53 licence, a report said. "Recently we have started our exploration programme where we are looking for more opportunities within the block," Adnan Al Lawati, vice president – operations, was quoted as saying in the Oman Observer report.
Jordan-China group bids
BAGHDAD: A Jordanian-Chinese consortium has submitted a bid to build and operate a one-million-bpd crude oil export pipeline to the Red Sea port of Aqaba, Iraq, a report said. Jordan’s Mass Group Holding, along with a consortium of Chinese companies, submitted a service fee proposal to Iraq’s oil ministry for the project, reported Iraq Business News, citing Platts.
Qatar inks solar deal
DOHA: Qatar Solar Technologies (QSTec) and Turkish state energy company Elektrik Uretim Anonim Sirketi have partnered to explore areas of mutual interest to develop Turkey’s solar sector, a report said. Turkey is targeting more than 3GW of installed solar capacity, with major plans to back renewable energy investment, reported Gulf Times.
