EASTWARD: Saudi Aramco Desires to Play a Larger Role in Refining and Petrochemical Capabilities
Posted on 04/17/2019
Saudi Aramco is in discussions to acquire a 50% ownership stake in Saudi Aramco Shell Refinery Company (SASREF) from Royal Dutch Shell. SASREF is a joint venture between Saudi Aramco and Shell. SASREF is located in Jubail Industrial City in Saudi Arabia. The complex has a crude oil refining capacity of 305,000 barrels per day. […]