Middle East Economic Survey
VOL. LII
No 29
20-Jul-2009
Saudi Aramco, Total Seek $8Bn Funding For Jubail Refinery Project
Saudi Aramco and Total have approached lenders seeking funding for their 400,000 b/d export refinery project in Jubail, MEES learns. With the total debt requirement pegged at $8bn, it will be Saudi Arabias largest project financing to date, superseding recent mega projects in the kingdom such as the Aramco/Sumitomo PetroRabigh petrochemical facility ($5.84bn debt MEES, 11...
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