Aramco unit secures USD 4 bn JV with China’s Sinopec
The JV will cover port operation and crude oil transportation at their joint complex in Fujian
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The JV will cover port operation and crude oil transportation at their joint complex in Fujian
The move looks to increase Yasref’s potential
The refining hub is expected to produce 5 mn tons of petrochem feedstock a year
The project will take 44 months to complete
The JV is 65% owned by Tecnicas with the remaining 35% stake held by Sinopec
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