VOL. XLV

No 12

25-March-2002

SAUDI ARABIA

Preem In Swedish Refinery Merger, SvenskaIn Norwegian Gas/LNG Project

Saudi-ownedPreem Petroleum of Sweden and NorskHydro on 6 March signed a memorandum of understanding (MOU) to merge operationsat Swedens largest refinery at Brofjorden, Lysekil, on the west coast of the country. The Scanraff refinery, which produces 210,000 b/d from a singlecrude unit, is linked to a cracker facility known as Scancracker.At present, Preem owns 78.5% of Scanraffand 50% of...