Middle East Economic Survey
VOL. XLVIII
No 6
07-February-2005
SAUDI ARABIA
Motor Oil (Hellas) Plans Refinery Shutdown In March
Saudi Aramcos Greece-base subsidiary Motor Oil (Hellas) on 26 January announced that its 100,000 b/d capacity refinery in Corinth would shut down for a week at the end of March for the installation of a new hydrocracking unit and maintenance work. Saudi Aramco holds 41.9% of Motor Oil (Hellas), 16.4% directly and 25.5% through a holding company.
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