Middle East Economic Survey
VOL. LII
No 13
30-Mar-2009
SAUDI ARABIA
Falih Lines Up PETRORabigh II MOU, Calls For Planning In Slack Periods
Saudi Aramco President and CEO Khalid al-Falih has announced that the state firm plans to sign a memorandum of understanding (MOU) in the near future with Sumitomo Chemical for the second phase of the PETRORabigh Complex (PETRORabigh II). This will double capacity of the $10.1bn Saudi Aramco/ Sumitomo refining and petrochemicals joint venture (MEES, 26 January)....
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