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Article: Saudi Aramco plants upgrading contract.(Saudi Arabian Oil Co.)(Brief article)
- Article from:
- Saudi Economic Survey
- Article date:
- October 8, 2009
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Saudi Aramco has awarded a contract to upgrade fuel plants to local firm M S al-Suwaidi Industrial Services Co, two sources close to the deal have revealed. The deal, awarded last month, is for the upgrade of 14 bulk plants in several regions in the Kingdom to raise the storage capacity for gasoline, diesel and fuel oil.
A bulk plant is a wholesale receiving and distributing facility for oil products. It includes storage tanks, warehouses and truck loading facilities. Saudi Aramco is overhauling and expanding domestic distribution facilities to meet rapidly rising domestic demand.
The value of the procurement and construction contract is around $200 ...