Both companies bring commercial and technical expertise to the joint venture to enhance trade of transportation fuels between a significant energy producer and its consumer. YASREF is a significant addition to the impressive downstream portfolio of Saudi Aramco, while building on and cementing the strategic partnership with Sinopec, Saudi Aramco’s largest crude oil partner and buyer. High-value refined products for both international and domestic markets. Of Arabian heavy crude oil to produce premium transportation fuels, as well as YASREF uses 400,000 barrels per day (bpd) That covers about 5.2 million square meters in the Yanbu Industrial City, and Petrochemical Corporation (Sinopec), is a world-class, full-conversion refinery Refining Company (YASREF) Ltd., a joint venture between Saudi Aramco and China 46% of the project’s materials and services were sourced and manufactured in Saudi Arabia.Ī unique feature of Fadhili is that its multiple downstream treated gas pipelines enhanced the connectivity, reliability, and responsiveness of Saudi Aramco’s Master Gas System (MGS), as those pipelines are connected to the northern and central sections of the MGS. The development of Fadhili added billions of dollars to the local economy through IKTVA. In addition, Fadhili is the first plant to treat nonassociated gas from both onshore and offshore fields.įGP is also the first SA Gas plant to deploy the Sulfur Recovery Unit Tail Gas Treatment process to attain a sulfur recovery rate of 99.9%, helping to protect air quality, and reducing SO2 emissions by more than 18,000 Metric Tons per year as compared to the conventional Claus process. With a total processing capacity of 2.5 BSCFD, FGP is the first plant in the region to have the capability of sweetening low BTU gas, then directly powering an independent power plant, yet able to switch to regular sales gas as needed. FGP construction started in 2016 and was completed and put fully onstream in 2020. It relies on its strengths, such as flexibility, efficiency, and the latest technology, to maximize its contribution to the Company.The cutting edge Fadhili Gas Plant (FGP) is emblematic of Saudi Aramco’s broad impact on not only boosting gas supply to displace crude burning, but also driving economic growth, developing the Saudi workforce, spearheading technology deployment, and reducing CO2 emissions. We focus our activities on key geographic areas with a solid portfolio of short-cycle projects and attractive returns, where value is prioritized over production volume. Its cutting-edge technology and the digitalization of its processes will be key for meeting these targets as well as our circular economy strategy, which includes the development of more than 60 initiatives, the majority of which are linked to the improvement of the efficiency and the innovation of processes. This capture and storage project is among the largest of its kind in the world, and it will be the first for Repsol and Indonesia. In 2027, the Company will start up the storage of two million tons of CO 2 per year at Sakakemang, the largest gas discovery in Indonesia in the last decade. The Upstream business aims to be a sector leader in reducing CO 2 emissions by decreasing its carbon intensity by 75% in 2025.Ĭarbon capture and storage will play a key role in the development of new projects. Emissions reduction: Our commitment to sustainability
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