Petrochemicals

The first crude carrier supplying the refinery should arrive in December or January.

The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.

Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.

Petrochemicals are one of the key blind spots in the global energy debate.

ATC was set up in 2012 to market refined products. base oils and bulk petrochemicals.

Stocks of propylene for non-fuel use fell by 1.02 million barrels to 1.787 million barrels for the week ending September 14.

The refinery is SOCAR Turkey'.s biggest investment in the country coming at a cost of $6.3 billion.

PGPIC and Maroon Petrochemical Company would sign the deals separately with NIOC.

The country’s 57 petrochemical complexes produced over 13.2 million tons between March 21 and June 21.

The chemicals business is Aramco’s key strategy.