SAUDI ARABIA

King Fahd Inaugurates Power and Cement Plants 

King Fahd of Saudi Arabia on 1 October inaugurated two new industrial projects at the city of Rabigh, some 150 kms. north of Jiddah. The first project is a SR2,800mn ($747mn) power plant with a capacity of 1,000 megawatts while the second is a SR99Omn ($264mn) cement plant with an annual capacity of 1,000,000 tons. Rabigh is also the site of the 325,000 b/d joint venture export refinery between Petromin and Petrola which is...