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Saudi to build shipbuilding complex

KUWAIT, July 19, 2016

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said.

The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister Khalid Al-Falih was quoted as saying in an Oman Observer report.

Meanwhile, Saudi Aramco, an oil major, will need more tankers to meet global demand, he added.


 




Tags: Saudi Arabia | Oil Exports | shipbuilding |

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