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Saudi-French deal delayed
- Saudi Arabia: Sunday, November 09 - 2008 at 12:18
French oil major Total's $12bn joint venture with Saudi Aramco could face a delay as the two firms seek to cut costs. The two firms said in June they would award all the packages for the construction of the 400,000 barrels-per-day Jubail refinery in the first quarter of 2009. But the launch of many oil-related projects in the world's largest oil exporter could be delayed to 2009.
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StaffSunday, November 09 - 2008 at 12:18 UAE local time (GMT+4)
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