Project Profile
Value: $1000 Million
Startup Year: 2018
The project will see construction of a 150,000 - 200,000 bpd crude oil refinery to process either light, medium or heavy crude to supply the domestic, European and Turkish markets. The refinery is to be built on a 25-year build-operate-transfer concession.
New onshore storage facilities for petroleum products expected to be located at Zahrani.