Saudi Aramco has delayed its capacity expansion plans at Ras Tanura that was planned to hike capacity by 400,000 bpd at an investment outlay of US$8 billion. This is part of Saudi Aramco’s plans to drrive down costs that was initiated earlier with the delay of two other 400,000 bpd refinery projects at Jubail and Yanbu.
For more details on Saudi Aramco’s capacity expansion project at Ras Tanura and petrochem JV with Dow delayed click here
Wednesday, April 15, 2009
Saudi Aramco’s capacity expansion project at Ras Tanura and petrochem JV with Dow delayed
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