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PETROCHEMICAL JV WITH TOTAL

Aramco plant sees full production by mid-2014

London, March 29, 2014

The joint venture 400,000-barrels-per-day Jubail refinery in Saudi Arabia will reach full production capacity by around mid-2014, Total said in a financial filing.

Saudi Aramco Total Refining and Petrochemical Company's refinery in Jubail, a joint venture by France's Total and Saudi Aramco, began a gradual startup of operations last year.

"All the refining and petrochemicals units should be operational by the end of first quarter 2014. Production is expected to reach full capacity around mid-2014," Total said in the filing.

Commercial exports from the plant started in September 2013, it said.-Reuters
 




Tags: Saudi | petrochemical | aramco | Oil | Total |

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