SAUDI ARABIA

Saudi Arabia Cancels Qasim Refinery Project 

Saudi Arabia has canceled a project for a 160,000 b/d domestic refinery currently under construction near Buraidah in the Qasim region. Notification of the cancellation was given last week to the prime contractor Bechtel by Aramco which was supervising the project on behalf of Petromin. Work on the Qasim refinery was already quite well advanced, and a substantial number of sub-contracts were awarded last summer (MEES, 25 June...