TABLE-Condensate splitter projects in Asia, Middle East

Wed Jun 22, 2016 10:55am GMT
 

SINGAPORE, June 22 (Reuters) - Asia's condensate demand is set to grow with
two new splitters starting up this year in South Korea and Taiwan, and with
other plants processing the ultra-light oil aiming for restarts after unplanned
shutdowns. 
    Australia will be in pole position to capture a bigger piece of this growing
condensate market as producers pump new supplies of the light crude oil in
conjunction with natural gas for the nation's mega LNG projects. 
    The tables below list new and existing condensate splitters in Asia. 
                    
    CONDENSATE SPLITTER PROJECTS IN ASIA & MIDDLE EAST
 Company                    Location      Capacity    Start-up date
                                          ('000 bpd)  
 Qatar Petroleum            Qatar                146  August
 Hyundai Oilbank            South Korea          110  October
 CPC                        Taiwan                50  end 2016-early 2017
 Persian Gulf Star Phase 1  Iran                 120  Sept
 Jurong Aromatics*          Singapore            100  waiting for regulatory
                                                      approvals to restart
 Dragon Aromatics*          China                 90  indefinite
 **plant restart
    
    SPLITTERS IN OPERATION
 Company         Location                  Capacity
                                           ('000 bpd)
 Hanwha Total    Daesan, South Korea                 150
 SK Energy       Incheon, South Korea                140
 Tasweeq         Ras Laffan                          146
 Sinopec         Tianjin, China                       50
 Shell-CNOOC     Huizhou, China                       85
 TPPI            Tuban, Indonesia                    100
 Saudi Aramco    Ras Tanura                          225
 ADNOC           Ruwais                              280
 ADNOC           Umm al Nar                          150
 ENOC            Dubai, UAE                          120
 Vitol           Fujairah, UAE                        80
 PTT Aromatics   Rayong, Thailand                    135
 S-Oil           Onsan, South Korea                   85
 Sinopec         Shanghai, China                      65
                 Total                              1811
    Source: Companies, sources
    

 (Reporting by Florence Tan and Seng Li Peng; Editing by Tom Hogue)
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