A decision made by the company board in 2008 to postpone the submittal of the EPC bids to bring down costs, has paid off. Plunging construction costs amid the global financial crisis has aided in brinnging down cost of Saudi Aramco and Total's joint refinery in Saudi Arabia.
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Friday, June 19, 2009
Cost of Saudi Aramco, Total refinery drops to US$9.6 bln
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