UAE refining company aims to increase production
The Abu Dhabi Refining Co. (Takreer) is aiming to increase its refining capacity to 500,000 b/d, it was reported by a Dubai daily. The move is part of the company's plan to satisfy increasing local and international demand for oil products.
ABU DHABI�The Abu Dhabi Refining Co. (Takreer) is aiming to increase its refining capacity to 500,000 b/d, it was reported by Dubai's daily Gulf News.
Production of sulfur would also be expanded to satisfy demand, in view of the ongoing expansion of the Ruwais refinery and Phase 2 of the liquefied natural gas development scheme at Habshan, according to Ali Saeed Al Badi, director general of Takreer. He said the move was part of the company's plan to satisfy increasing local and international demand for oil products, adding that several projects were under construction in the Ruwais industrial zone.
Takreer is also evaluating feasibility studies for the construction of its hazardous-waste management center, which would reduce the amount of waste and develop recycling procedures and techniques, said Badi.
"Our goal is to become one of the leading companies in the field of oil refining. Therefore, we are exerting efforts to expand the company's operations to usher it into the new millennium fully equipped to take on future challenges," Badi was quoted by Gulf News.
The Umm Al Nar and Ruwais refineries represent the backbone of Takreer's operations, with annual gross production of 23 million tonnes of oil products, which are being marketed both locally and internationally.
Takreer was set up in 1999 as a public shareholding subsidiary of the Abu Dhabi National Oil Co. to take responsibility for all crude oil refining operations and the production of petroleum concentrates.