Middle East Economic Survey

VOL. LIII

No 39  

27-Sep-2010

Saudi Aramco Poised For Next Stage Of Downstream Expansion Drive

State-owned Saudi Aramco is progressing on a number of key projects in its $50-60bn downstream expansion. The company’s ambitious schedule, which will add around 1.2mn b/d of crude refining capacity in addition to two world scale petrochemical plants, comes as the firm is poised to implement stringent new Saudization conditions aimed at providing...