Saudi Aramco has approached banks for the $5bn funding needed for the integration of a 1.5mn t/y mixed feed cracker and 800,000 t/y polyethylene plant at the 440,000 b/d Satorp joint venture refinery at Jubail on the Saudi Gulf coast. Aramco has asked banks to pitch for a financial advisory role and provide indicative commitments, according to a Reuters report citing several sources. Aramco and Total, equal partners in Satorp, last month signed an agreement to proceed with FEED for the...
Aramco Seeks $5bn Finance
Published on Fri, 16 Nov 2018 - Volume: 61 Issue: 46Print
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