Middle East Economic Survey


No 9


Saudi Aramco And ConocoPhillips Seek $7.7Bn Funding For Yanbu' Refinery

Saudi Aramco and ConocoPhillips have approached lenders seeking funding for their planned 400,000 b/d export refinery project in Yanbu'. The funding request was made ahead of the 400,000 b/d sister project in Jubail completing its financing, although it is moving towards financial close after securing bank commitments and agreeing pricing towards the end of...