Middle East Economic Survey
VOL. LIII
No 4
25-Jan-2010
MEES Agenda
Saudi Aramco Takes Central Role Downstream
Saudi Arabia announced on 19 January that state-owned Saudi Aramco would take over management and construction of what was to have been the Kingdoms first ever private sector refinery project the proposed 250,000-400,000 b/d Jazan refinery in the economically underdeveloped southeast of the country. Riyadhs decision underlines Saudi Aramcos centrality to the countrys downstream expansion,...
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