Middle East Economic Survey
VOL. LII
No 49
7-Dec-2009
SAUDI ARABIA
Jubail Financing Talks Continue
Talks to pin down margins are still ongoing between sponsors of the Saudi Aramco, Total Refining and Petrochemical Company (Satorp) 400,000 b/d export refinery in Jubail and lenders. The project, being implemented by Saudi Aramco and French oil major Total (advised by Calyon and Saudi Fransi), is costing $12bn (including financing costs) with $8bn coming from debt. Banks have been given until 4...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!