VOL. XL

No. 46

17-November-1997

SAUDI ARABIA

Saudi Aramco And Shell Approve Jubail Refinery Upgrade

The board of the Saudi Aramco Shell Refining Company (Sasref) last month approved a$150mn project to upgrade its export refinery at Jubail - a joint venture between Aramcoand Shell. A new thermal cracking unit is to be installed at the refinery to cut fuel oiloutput from 29% to 24% of the product yield. At the same time output of middle distillatesis set to rise by 5%. Construction work is due to...