Page 19 - DMEA Week 10 2021

DMEA NEWS IN BRIEF DMEA

said on Wednesday. Mediterranean, which was acquired by intake. This is a record in production of the
It had previously estimated sales below 9 Chevron last year, has a 39.66% stake. Ratio unit in recent years.
billion BCM this year. Oil holds the remaining 15%. The main feedstock of Bandar Imam
Delek Drilling is a partner with Chevron in REUTERS Petrochemical Plant is gas liquids (NGL)
Leviathan, Israel’s largest gas field, which came received from the National Iranian South
online the end of 2019 and supplies Israel, Oil Company (NISOC). After entering the
Jordan and Egypt with gas. PETROCHEMICALS complex and separating in the NF unit, this
“The continued rise and the stability in the gas provides various products such as ethane
actual export of gas to Egypt, alongside the Olefin unit of Bandar and pentane, which are the main feedstock of
increased demand in the domestic market, the company’s olefin unit.
has led us to increase the forecast for sales Imam petchem plant fully Reduction in the feedstock received from
and production from the Leviathan reservoir,” NISOC and severe fluctuations in ethane
said Delek Drilling CEO Yossi Abu. operational shipments this year caused an imbalance
The company said that the total resource and created challenges in the production
evaluation for the reservoir is, in the best Bandar Imam Petrochemical Plant has of ethylene and other items produced at
estimate, around 642 BCM, not including managed for operate its olefin unit at full the olefin unit, but with the efforts of the
some 7 BCM produced last year. The value of production tilt by optimizing its feedstock company’s executives and experts and
the field rose 2.3% since a resources report last intake and changing the arrangement of the considering the unit’s capabilities and
year to reach $10.8 billion. unit’s furnaces. alternative and available feedstock, ethylene
Delek Drilling, which has a 45.34% stake According to the facility, the company production problems have been largely
in the project, said its share of revenue will be minimized the unit’s energy intensity while resolved.
around $760 million. optimizing productivity of the same unit in SHANA
The field’s operator, Noble Energy such a way that its output is over 90% of the

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