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Article: Saudi Arabia : New oil refinery in Saudi Arabia.

Article from:
TendersInfo
Article date:
August 26, 2009
Copyright

Byline: manish03

Saudi Aramco and France's Total have agreed to construct an oil refinery in Jbail, Saudi Arabia, by 2014. The two companies have established a joint venture, SATORP, and have selected France's Technip and Spain's Tecnicas Reunidas as leading subcontractors.

The full-conversion refinery will have a capacity of 400,000 barrels per stream day of Arabian heavy crude oil. It will maximize production of diesel and jet fuels, and will also produce 700,000 metric tons per year (t/y) of paraxylene, 140,000 t/y of benzene, and 200,000 t/y of polymer-grade propylene. The overall project cost now stands at $9.6 billion. The Jbail project came in at ...

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