Tuesday, January 19, 2010

Saudi mulls construction of petrochemical plant with planned Jizan oil refinery

Saudi Arabia is mulling to commission the construction of a petrochemical plant with the planned new Jizan oil refinery in the kingdom. The Jizan refinery, with capacity of 250,000-400,000 bpd of crudde, to be built at an investment of US$10 bln will be the first Saudi oil refinery to be 100% privately-owned.

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