Lee said: "Demand for petrochemicals in South East Asia is expanding steadily and this three-year agreement with ADNOC will ensure security of naphtha
supply, enabling us to expand and diversify our product portfolio and enhance our competitiveness.
With this agreement we are implementing a new approach toward our sales of naphtha
," said Abdulla Salem Al Dhaheri, Director, Marketing, Sales and Trading, at Adnoc in a statement.
Many studies reported activities using gasoline-like fuels or straight-run naphtha
to run compression ignition engines [3, 4, 5].
But the two products on which naphtha
relies -- high-octane gasoline and petrochemicals -- have both outperformed expectations this year.
The segment of light naphtha
has boiling point in the range 30 degree Celsius and 90 degree Celsius and consists of 5-6 carbon atoms in their molecular structure.
Addressing the new supply-demand dynamics and changing outlook for condensate splitters and naphtha
imports, the forum will encompass key market trends including current condensate supply in Qatar, the US and other Middle Eastern regions, refining and splitter operations, condensate and feedstock pricing, global naphtha
shipping routes and outlook for the petrochemicals industry.
Haqiqi said the plant has produced 280,000 barrels of naphtha
, 106,000 barrels of butane and 106,000 barrels of propane since 2012.
Thankfully, the Chinese government's move to amend restrictions on foreign investments in naphtha
cracking at the end of last year, along with its determination to speed up economic development after leadership shakeup in mid-November, has cast rays of hopes to the almost dead grand investment project, revealed Lee Chih-tsuen, chairman of Formosa Plastics Corp.
A third April naphtha
cargo that was due to be shipped out last weekend when the fire broke was slightly delayed.
By completion of gasoline making units at oil refineries the country will start exporting of 10 million liters of naphtha
per day over the next Iranian calendar year, Alireza Zeighami, Deputy Minister of Petroleum for Refining and Distribution of Oil Products said in an interview with Oil & Gas Information Network.
Singapore, Nov 29, 2011 - (ACN Newswire) - Singapore Exchange's (SGX) AsiaClear service will clear more varieties of over-the-counter coal and naphtha
swaps from next month.
The export of petroleum top naphtha
was recorded at US$190.