(EnergyAsia, August 2) — Saudi Basic Industries Corporation (SABIC) said it signed a Letter of Intent (LOI) with a Aker Kvaerner and China Petrochemical Corporation (Sinopec) joint venture for the engineering, procurement and construction of its world-scale polyolefins complex in Yanbu, Saudi Arabia.             Abdulrahman Al-Fageeh, President of Yansab, signed the LOI for SABIC, Dennis…