VOL. XLVI

No 29

21-July-2003

SAUDI ARABIA

SADAF Awards $170Mn Al-Jubail Private Power Contract

Saudi Petrochemical Company (SADAF), an affiliate of Saudi Basic Industries Corporation (SABIC) and Shell Chemical Arabia, on 9 July signed an SR637mn ($170mn) contract with the Jubail Energy Company to build and operate a 250mw power co-generation plant at its site in al-Jubail. The facility is expected to start up in the second quarter of 2005. The project will also produce some 510 tons/hour of steam...