Published on September 20, 2017

Abu Dhabi National Oil Company is planning to build a new cracker and refineries as part of its expansion program. It will increase its capacity to nearly triple times of production capacity in next five years. manager of Adnoc’s refining and petrochemical business unit, said that Adnoc would increase its downstream investments by adding a new world-scale refinery and mixed-feed cracker. He gave no details on when the facilities are expected to become operational or funding requirements. “In the coming months, we will further open our downstream business to create new investment and partnership opportunities across our portfolio of refinery and petrochemicals assets,” said Mr Al Messabi at the Abu Dhabi International Downstream conference on Monday. “These new ventures will bring in partners to improve integration, realize synergies and expand both our technological capability and output to meet the rising global demand for petrochemical products.”