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Saturday, December 5 - 2009

Saudi Aramco agrees fuel plants upgrade deal

  • Saudi Arabia: Sunday, October 04 - 2009 at 10:11

Saudi Aramco has awarded a contract to upgrade fuel plants to local firm M.S al-Suwaidi Industrial Services, Reuters has reported, citing two sources close to the deal. It involves upgrading 14 bulk plants in several regions of Saudi Arabia and aims to raise the storage capacity for gasoline, diesel and fuel oil. The value of the procurement and construction contract is around $200m and the construction work is expected to finish in about two-and-a-half years, one source said.

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