Saudi Arabia in Talks to Build an Oil Refinery in South
(Bloomberg) -- Saudi Arabia is in talks to build a crude-oil refinery in South Africa as part of a pledge last year to invest as much as $10 billion in Africa’s most developed economy.
Saudi Arabia and South Africa have been in talks regarding the building of a new crude oil refinery and petrochemical plant in South Africa, as part of a broader Saudi Arabian plan to invest as
Saudi Arabia plans oil refinery, petrochemicals plant
Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid Al-Falih said on Friday.
Saudi Arabia made its spending pledge last July as South African President Cyril Ramaphosa sought investment to revive a flagging economy. Although South Africa has struck previous agreements to develop a new refinery including with in 2011
Saudis Look To Build Oil Refinery, Petrochemical Plant
Saudi Arabia plans to build an oil refinery that would use Saudi crude, as well as a petrochemical plant in South Africa, as part of US$10 billion investments, Saudi Energy Minister Khalid al
Saudi Aramco is negotiating with National Petroleum Corporation (CNPC) to build a refinery in China, Aramco chairman Khalid al-Falih, who is also Saudi Arabia’s energy minister, said while
Saudi Aramco in advanced talks to build China
Saudi Aramco is in advanced negotiations with National Petroleum Corporation [CNPET.UL](CNPC) to build the Yunnan refinery in China, its chairman said
PRETORIA Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Friday after talks with his South African counterpart.
Saudi Arabia's $10bn investment in SA to bring new
READ: Biggest Saudi Arabia bank starts talks to create mega lender "The two Ministers discussed the modalities for the proposed investment by Saudi Arabia in a new crude oil refinery and petrochemical plant in South Africa," the statement said.
Saudi Arabia made its spending pledge last July as South African President Cyril Ramaphosa sought investment to revive a flagging economy. Although South Africa has struck previous agreements to develop a new refinery including with in 2011
- Will Saudi Arabia build an oil refinery in South Africa?
- New Delhi: Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Friday after talks with his South African counterpart.
- How many refineries does South Africa have?
- It has six refineries, four using crude oil and two synthetic fuel as feedstock. Royal Dutch Shell, BP , Total and Sasol are among major refinery operators. Falih said Saudi Arabia had held discussions with Ramaphosa's predecessor, Jacob Zuma, about building a refinery in South Africa...
- Will Saudi Arabia build a smelter and refinery in South Africa?
- Saudi Arabia commits R9.5b to build a smelter and refinery in South Africa, boosting economic growth and targeting robust palladium markets. Minister Khumbudzo Ntshavheni. Photo: GCIS/flickr.
- Will Saudi Arabia set up oil refinery in Pakistan?
- In January 2019, Saudi Arabian officials announced plans to set up a $10 billion oil refinery in Pakistan's Gwadar deep-water port. However, the plan was later rolled back and it was indicated with vagueness that the oil refinery may be established somewhere else in Pakistan.
- Where is Saudi Arabia's petrochemical refinery located?
- Saudi Arabia's Jizan petrochemical refinery is located on the country's southwest Red Sea coast. It is an integrated refinery that produces low-sulphur fuels, petrochemicals from naphtha, and houses gasification and power facilities. It began tests in January after an eight-year build, having been planned for start-up in 2018.
- Does South Africa need a new oil refinery?
- South Africa needs a new crude oil refinery,” he said. Mantashe said that there has also been exploration in the country with French oil company Total. “The company has again, this year, brought another oil and gas drilling rig for the Luiperd prospect in Block 11B/12B off the Mossel Bay coast,” he said.
