(EnergyAsia, March 30 2011, Wednesday) — Saudi Aramco and China Petrochemical Corporation (Sinopec) have signed a Memorandum of Understanding (MOU) to develop a 400,000 b/d full-conversion refinery in Yanbu city on the west coast of Saudi Arabia by 2014. Saudi Aramco will have a 62.5% stake in the Red Sea Refining Company (RSRC) while Sinopec…
SAUDI ARABIA: Saudi Aramco and Sinopec signed MOU for 400,000 b/d refinery in Yanbu
Posted on March 30, 2011 by EnergyAsia