VOL. XXXIV
NO. 10
10-DECEMBER-1990
Saudi Arabia
Saudi Aramco and Ssangyong Sign Agreement for New Refining Joint Venture
The Saudi Arabian Oil Company (Saudi Aramco) and Ssangyong Oil on 4 Decembersigned the final agreement for their 50/50 refining and joint venture in SouthKorea. The agreement is yet to be put to the South Korean Government forapproval. The joint venture, to be known as the Han-Saudi Oil Refining CompanyLtd., will acquire, own and operate new refining facilities with a capacity...
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