Middle East Economic Survey

VOL. LIV

No 9

28-Feb-2011

SAUDI ARABIA

Saudi Aramco Launches Subsidiary For Refined Products Trading

Saudi Aramco announced on 22 February the launch of the Saudi Aramco Product Trading Company subsidiary, otherwise known as Aramco Trading, which is intended to undertake and enhance the system balancing of refined petroleum products to optimize and support Saudi Aramcos expanding in-kingdom and overseas downstream investment portfolio. At the IP Week conference in...