Middle East Economic Survey
Kingdom Extends Jazan Refinery Bidding Deadline
The Saudi Ministry of Petroleum and Mineral Resources has extended the deadline for bids to build the Kingdoms first private sector refinery from 20 October to 7 November, a Saudi-based source tells MEES. This is the latest in a series of postponements on the 250,000-400,000 b/d Jazan project in Saudi Arabias economically under-developed southeast. While the Jazan initiative envisages...