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Strategies of Refining Industries and Petrochemicals in
Yemen:
Any facilities
must rely on accurate plans and aspiring
strategies to achieve their objectives and
meet their demands, and thus, would
definitely overcome any impediments in no
time. This is the case when we talk about
the Yemen Oil Refining Company (YORC), which
in a standard time was efficient enough to
establish itself and find for itself a solid
footing and ground. With its high ambition
and strong determination, it was capable of
translating the orientations and visions of
the political leadership under the guidance
of HE President Ali A Saleh through boosting
Yemen’s aspired-for development.
Actually, YORC
can see its future in playing an effective
role in the field of oil industry through
not only updating and expanding Marib
Refinery but also operating, administering,
and supervising the refinery in addition to
overseeing other newly founded refineries.
Consequent to conducting feasibility studies
on refining and petrochemicals plants, YORC
set such plants according to the need of
local markets to each service. The result
was that updating and expanding and doubling
Marib Refinery’s production constituted a
crucial factor in future plans; similarly,
other oil industrial projects are of a
tantamount significance especially those
whose raw materials are accessible and of
great quantities particularly in the field
of urea fertilizers, detergents, and other
manufacturings.
In addition,
YORC commenced on taking the first step in
the course of accomplishing its future plans
and objectives. For instance, it worked on
conducting studies, holding negations and
making successful international contacts.
Some of which was signing an agreement with (TDA) regarding the study on
expanding Ma’reb Refinery, which was
accomplished by VECO in 2004.
In the field of
petrochemicals industries, the company
conducted initial feasibility studies on
some projects. Such studies were made by the
assistance of FAO international experts in
urea industry. The findings were that
constructing these factories would bring
about great profitable benefits to Yemen and
investors. Beyond the availability of cheap
and skilled manpower and the large
quantities of raw materials contributing in
the success of such investments is Yemen‘s
strategic location. Needless to say, Yemen
is in the center of global markets like the
African, Asian and even European ones.
Another exceptional characteristic is Yemen
being near a water path, which connects the
East with the West. This makes the
transportation, shipping, and marketing of
such transformational materials more
accessible and cheaper to and fro external
markets.
Realizing leaps
as such makes me recall a Chinese proverb: “
A thousand mile starts with a step.” I do
believe that we are steadily and firmly
taking that first step, especially with the
constant support and encouragement of our
political leadership, the government and the
Ministry of Oil and Minerals. Not only that,
what enhances and strengthens our firm leaps
is the knowledge and qualification of the
YORC’s staff that is always subject to
training programs in different fields of
administration, information and technical
arenas.
Though the main
objective of the company was to operate and
administer Marib Refinery and supervise any
new refining plants like Althabah Refinery,
Hadhramout, and Ra’ess Issa Refinery
Hudaidah, this objective was fortunately
widened. That is, the great quantities of
raw materials extorted from oil derivatives
and natural gas opened new investment
opportunities as establishing industrial
projects, which would bring about profitable
returns to Yemen and investors as well. In
light of that, the company committed itself
to conducting feasibility studies of
technical and economic nature on a number of
projects relevant to refining industries.
These are
-
Marib
Refinery Lab Expansion and Updating
Project;
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Information
Systems Network Project
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UREA
Industry Project.
-
Detergents
Industry Project.
-
Safety and
Security Development System Project
-
YORC’s Head
Office Construction Project.
To enhance such
activities and as a promotional means, the
company decided to design a website which
aims at making information and data
accessible to those interested in knowing
more about the company and its various
activities as well as open and enticing
investment opportunities in this sector.
Also through our contacts, the company’s
staffs are willing to provide any
information and answer any inquiries.
Eng.
/ Musad Ahmed Al-Subari
Executive General Manager
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