Middle East Economic Survey

VOL. LII

No 40

5-Oct-2009

SAUDI ARABIA

Jubail Refinery Project Lures Banks

The Jubail 400,000 b/d export refinery project being implemented by Saudi Aramco and French oil major Total has received responses from over 30 local, regional and international banks from a formal request for financing, MEES understands. The sponsors, advised by Frances Calyon and domestic bank Saudi Fransi, are going through the responses to decide the final line-up and are working to pin down...