Saudi Aramco’s Jazan refinery is expected to come on stream within one year, Okaz newspaper reported on Sunday, citing Saudi energy minister Khalid Al-Falih.
A royal decree was issued in 2013 to the state-owned oil producer to build an oil refinery to develop the first phase of Jazan Economic City.
The refinery will have the capacity to process 400,000 barrels per day (bpd) of crude oil and produce 80,000 bpd of gasoline, 250,000 bpd of ultra-low sulphur diesel, and over one million tons annually of benzene and paraxylene products.
The Jazan refinery is part of a SAR 26 billion project that includes a 2,400 megawatt power plant to meet the refinery’s energy demands.
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