VOL. XXXIX

No. 22

26-February-1996

SAUDI ARABIA

Ras Tanura Upgrading Project OnTrackForCompletionIn

Early 1998

SaudiAramco'sonlycurrentmajordownstreamcapital

project,the $1.5bn Ras Tanura refinery upgrading program, appearsontrack for start-up duringthe first quarter of

1998,although some new units being built at the plant may be commissioned earlier. While theproject will boost crude

throughputto300,000b/dfromthe current 265,000 b/d level,the main focus of the programistoupgradethe

...