Bapco's expansion is expected to affect the country's refined product exports by the third quarter, when its gasoil/diesel production is seen rising by 20% from a year earlier, according to Palash Jain, Middle East downstream analyst at FGE. Oman's Duqm is also expected to operate some 10% above nameplate capacity by late 2025 and Iran's Siraf refinery is slated to complete commissioning of its 60,000 b/d condensate splitter expandsion in the second half of the year, Jain said.