As part of an internal project, several market screening studies were carried out across the GCC, Iraq, MENA, Europe, and West Africa to assess the availability, quality, competitiveness, and commercial potential of petrochemical and refinery feedstocks. The study reviewed where key feedstocks were available, including crude oil grades, condensate, ethane, LPG, naphtha, NGLs, fuel oil, vacuum residue, aromatics, propylene, ethylene, benzene, and other refinery and petrochemical intermediate streams, and evaluated which downstream products could be produced from each source.
The scope also included a detailed review of the quality of each crude grade and petrochemical feedstock, including relevant specifications such as sulphur content, API gravity, yield potential, impurity profile, composition, and processing suitability. This enabled the assessment of the most efficient product routes and helped optimise the expected output, product slate, margins, and overall project economics for each region and feedstock scenario.
The study further assessed logistics access and infrastructure, including port availability, pipeline connectivity, storage facilities, export routes, shipping options, regional demand centres, and proximity to existing refineries, petrochemical plants, and industrial zones. The outcome supported investors, governments, stakeholders, and project developers in identifying where feedstock advantages could be converted into higher-value products, while considering supply reliability, market access, pricing, operational constraints, and long-term industrial development potential.
