Wednesday, April 21, 2010

FACTBOX-Saudi Arabia's oil refining capacity

April 21 (Reuters) - The world's largest oil exporter Saudi
Arabia is likely to go ahead with plans for a new 400,000
barrels per day (bpd) refinery at Yanbu even after partner
ConocoPhillips (COP.N) pulled out. [ID:nN21129738] Saudi plans to boost refinery capacity have suffered several
setbacks. Another plan to boost capacity to 400,000 bpd at Ras
Tanura is on hold and may be shelved indefinitely. The kingdom
failed to find a foreign partner for a plan to build a refinery
at Jizan and will proceed with the project alone. If all plans proceed, Saudi Arabia would boost domestic
refining capacity by more than 1.7 million barrels per day from
the current level of 2.1 million bpd. Aramco holds total domestic and international refining
capacity of 2.37 million bpd. Its share of domestic capacity is
1.75 million bpd, while the rest is held by Royal Dutch Shell
(RDSa.L) and Exxon Mobil (XOM.N) at joint venture plants. The following lists Saudi Arabia's and Saudi Aramco's
refining capacity: Aramco volume, domestic and international(bpd): 2,369,500
New Domestic Refinery Capacity Plans ('000 bpd)
Refinery Volume Start date
Jizan 250-400 2015
Jubail (joint venture with Total) 400 mid-2013
Ras Tanura 400 on hold
Yanbu (status uncertain after 400 2013 partner Conoco pulled out)
Yanbu expansion to 400 from 235 n/a
Total planned expansion 1,615-1,765

Existing Aramco Domestic Refining Capacity ('000 bpd)
Refinery Stake (pct) Total Aramco Volume Volume
Ras Tanura 100 550 550
Rabigh 37.5 385 144.375
Samref (Yanbu) 50 400 200*
Sasref (Jubail) 50 305 152.5*
Yanbu 100 237 237
Riyadh 100 122 122
Jeddah 100 85 85
Total 2,084 1,490.875
New Joint Venture Refinery Plans Abroad ('000 bpd)
Refinery Volume Start date
Qingdao (under discussion with 200 started Sinopec)
Port Arthur (Motiva JV with Shell) 600 2012
Raising output 325,000 bpd
Saudi Aramco Joint Venture Refining Capacity ('000 bpd)
Refinery Location Volume Saudi Aramco Stake Volume
Motiva (Shell) U.S. 725 50 363
(3 refineries)
Samref (Exxon) Saudi Arabia 400 50 200*
Sasref (Shell) Saudi Arabia 305 50 152.5*
Fujian (JV with Exxon, Sinopec)
tripling plant capacity to 240 25 80
S-Oil Korea 525 35 184
Showa Shell Japan 515 15 77
Total 2,710 1.056.50 *Aramco joint ventures in Saudi Arabia are included in both
joint venture and domestic refining tables.
(Compiled by Simon Webb; editing by James Jukwey)

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