VOL. XXXVII

NO. 24

14-MARCH-1994

Saudi Arabia

Refinery Upgrading Delay Poses Domestic Supply Dilemma For Saudi Aramco

Although a scaled down version of Samarec's original multi-billion dollarrefinery upgrading plan still managed to survive the budget scalpel in SaudiAramco's latest planning exercise, it is no secret that shifting priorities,increasing budgetary pressures, and other domestic considerations had alreadyprompted Saudi Aramco to place the expansion program under review shortly afterthe...