Middle East Economic Survey

VOL. XLVII

No 35

30-August-2004

SAUDI ARABIA

Design/Engineering Funding Agreed For Fujian/ExxonMobil/Aramco Refinery Expansion Project

Saudi Aramco announced on 26 August that Fujian Petrochemical Company, ExxonMobil China Petroleum and Petrochemical, and Aramco Overseas Company had reached agreement to jointly fund the front-end loading (FEL) design activity for a more than $3.5bn project involving the expansion of the existing refinery in Fujian Province and the...