Middle East Economic Survey
VOL. LIII
No 20
17-May-2010
SAUDI ARABIA
Jubail Move To Cut Saudi Aramco/Dow Petchem Project Cost By $5Bn
Relocating the massive Saudi-Aramco/Dow petrochemical project to Jubail from the initially planned Ras Tanura site could cut project costs by as much as $5bn, MEES understands. The project had carried a $26bn price tag at one point, but the infrastructure already in place at Jubail will help slash this. Also, the fall in engineering, procurement and construction...
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