VOL. XXXIV

NO. 17

28-JANUARY-1991

Saudi Arabia

Saudi Aramco/Ssangyong Amend Refining Joint Venture

Saudi Aramco and the South Korean firm Ssangyong have agreed to amend theirjoint refining venture in South Korea so as to include Ssangyong's existing90,000 b/d refinery at Onsan, which was previously excluded from the venture,Saudi oil sources have confirmed to MEES. The rest of the project - whichenvisages the progressive upgrading of new 175,000 b/d refining facilities at Onsan - will remain...