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Saudi extends Jizan bid deadline
- Saudi Arabia: Sunday, October 25 - 2009 at 10:18
Saudi Arabia's Ministry of Petroleum and Mineral Resources has extended a deadline for bids to build a crude oil refinery with capacity of up to 400,000 barrels per day to November 7, Reuters has reported, citing an industry source. The tender for the Jizan plant has been delayed several times, but the latest extension would not affect the ministry's plans to award the contract as scheduled, the source said. The refinery will be the first Saudi oil refinery to be 100% privately owned.
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