Saudis building big export refinery

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Big News Network.com
Friday 25th November, 2005 (UPI)

Saudi Arabia's state-owned oil company will invest $4.8 billion to build a huge refinery in the western part of the kingdom, AME said Friday.

Aramco will build the refinery with a capacity of 400,000 barrels per day of high-grade petroleum products, much or all of which will be exported through the Red Sea.

The facility is expected to operational by the end of 2007.

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