VOL. XL

No. 41

13-October-1997

SAUDI ARABIA

Saudi Aramco Joins Exxon In Feasibility Study For Chinese Refining Project

Saudi Aramco will join Exxon and China's Fujian Petrochemical Company in preparing adetailed feasibility study for a joint-venture petroleum/petrochemical project at Fujian'srefinery in Xiacuo, Fujian Province, Exxon announced on 8 October in a press release.Affiliates of Aramco and Exxon will be equal partners in the 50% foreign share of theventure. The project will involve...