Aramco, the major integrated energy and chemicals companies, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia.
The tripartite agreement outlines the cooperation mechanism and planning relating to the design and development of the project, which aims to expand SASREF’s refining and petrochemical capabilities while fostering international collaboration.
The SASREF expansion project is located in Jubail Industrial City along the Arabian Gulf coast in Saudi Arabia’s Eastern Province. The city has well-developed infrastructure and strategic geographical advantages.
The project, which is currently in the PREFEED stage, envisages construction of large-scale steam crackers and the integration of associated downstream derivatives into the existing SASREF complex, enhancing its ability to meet growing demand for high-quality petrochemical products.
