Middle East Economic Survey


No 16


Saudi Aramco And Dow Revise $26Bn Petchem Project Plans

Saudi Aramco and the USs Dow Chemical have revised plans for their $26bn petrochemical project, and are now leaning towards basing it at Jubail rather than Ras Tanura. While a final decision has not yet been made, the sponsors are in advanced discussions with the Royal Commission for Jubail and Yanbu' regarding the Jubail location. The Ras Tanura site, on which the plans were...