Aramco, France’s Total in talks to expand their JV – Reuters

Riyadh – Mubasher: Total is holding discussions with Saudi Aramco to raise the capacity of their refinery joint venture (JV), SATORP to more than 10%, Reuters on Wednesday reported, citing Total's CEO, Patrick Pouyanne as saying.

The capacity could be raised to 440,000 barrels per day (bpd) through enhancing efficiency, the agency added.

“We are working with Saudi Aramco, discussing gas allocation,” Pouyanne added.

Total is a French energy firm, SATORP refinery was established in 2014, and it is located in Jubail.

Mubasher Contribution Time: 18-Oct-2017 11:36 (GMT)
Mubasher Last Update Time: 18-Oct-2017 11:36 (GMT)