(EnergyAsia, July 23, Thursday) — Saudi Aramco said it proposed joint venture refinery with French major Total is likely to cost less than US$10 billion. The two companies are developing a 400,000 b/d export-oriented refinery project in Yanbu on the Red Sea coast of Saudi Arabia. They postponed a tender last November citing high cost…
SAUDI ARABIA: Aramco-Total refinery to cost less than US10 billion
Posted on July 22, 2009 by EnergyAsia