VOL. XXXVIII

NO. 31

1-MAY-1995

Saudi Arabia

Saudi Aramco's Petron Joint Venture Plans Expansion

Petron, the Philippine refiner in which Saudi Aramco holds a 40% equitystake, has announced plans to add some 25,000 b/d of distillation capacity atits 155,000 Bataan refinery. Plans call for a two phased expansion, to 165,000b/d in 1996 rising to 180,000 b/d by end-1997. Petron's retail service stationnetwork, as well as the company's terminalling and bulk storage facilities, arealso slated for...