Middle East Economic Survey

VOL. XLVIII

No 3

17-January-2005

SAUDI ARABIA

Rabigh Refinery Upgrade Marks Launch Of Saudi Aramco Downstream Drive

The upgrading of the Rabigh refinery in Western Saudi Arabia, which is getting under way in 2005, marks the start of a major program to expand the countrys downstream capacity with the possible establishment eventually of new oil refineries, as well as the expansion and conversion of existing facilities. In December 2004, Japans JGC Corporation was awarded...