Middle East Economic Survey
VOL. LIV
No 44
31-Oct-2011
SAUDI ARABIA
Petro Rabigh Plans To Seek $6Bn Phase II Financing In 2Q12
Rabigh Refining and Petrochemical Company (Petro Rabigh) plans to seek financing for its phase II petrochemical project, which is to cost around $5-6bn, sometime in the second quarter of 2012, MEES understands. Some financiers have speculated that project partners Saudi Aramco and Japans Sumitomo would be unwilling to fund Petro Rabigh II while the first phase is...
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