Saudi Arabian Oil Co (Saudi Aramco) and France’s Total have signed a joint venture Petrochemical Co for a 400,000 bbl/day capacity Jubail Refining. The refinery is expected to begin operations by 2012 producing diesel and jet fuels, 700,000 tonnes/year of paraxylene, 140,000 tonnes/year of benzene and 200,000 tonnes/year of polymer-grade propylene.
The refinery is in its close proximity to the Arabian heavy crude supply system and closeby to the Jubail Industrial City's King Fahad Industrial Port, power and water grids, and residential areas.
The refinery is in its close proximity to the Arabian heavy crude supply system and closeby to the Jubail Industrial City's King Fahad Industrial Port, power and water grids, and residential areas.
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