Saudi Aramco, Air Products, and ACWA Power to Form Over $8 Billion Gasification/Power JV at Jazan Economic City

Posted on 08/17/2018


A joint venture set up in Jazan Economic City is being formed to acquire some gasification assets, power block and some associated utilities from Saudi Aramco. The transaction is worth around US$ 8 billion. The joint venture is made up of U.S.-based Air Products, which will own at least 55% of the joint venture. Saudi […]

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