Middle East Economic Survey

VOL. LII

No 17

27-Apr-2009

SAUDI ARABIA

PETRORabigh Phase II MOU Signed By Saudi Aramco And Sumitomo

Saudi Aramco and Japans Sumitomo on 19 April signed the memorandum of understanding (MOU) for a feasibility study for a multi-billion dollar expansion to their PETRORabigh integrated refinery/petrochemicals complex. Todays signing ceremony marks yet another milestone in the ongoing progress of the joint venture partnership by Saudi Aramco and Sumitomo Chemical to create...