News Post
Total, Saudi Aramco Mull Expansion of JV Refinery
France's Total and Saudi Arabia's national oil company are considering expanding by 10 percent their joint refinery project to 440,000 barrels per day.
Philippe Sauquet, head of Total's refining and chemicals division, said a decision on the expansion of the Saudi Aramco Total Refining and Petrochemical (SATORP), which was started up in 2014, will be made in the next six months.
"The refinery has been a great success. We are now considering expanding by 10 percent because we are already producing more than the nominal capacity," Sauquet said on the sidelines of the CERAWeek conference in Houston, Texas.
If approved, the increase will take more than one year and will include clearing bottlenecks from existing production, he added. (Reporting by Ron Bousso; Editing by David Gregorio)
For subscriptions or a demo:
Sam Hassaniyeh
Subscription Executive
Phone: +44 203 4092242
For questions or to give feedback:
Thad Pittman
Senior Researcher
Phone: +1 (713) 525-4605
Download our brochure today!
Project News