TTA: TOTAL: Total : Jubail Platform in Saudi Arabia Ships First Cargo of
UK Regulatory Announcement
Total (Paris:FP) (LSE:TTA) (NYSE:TOT):
SATORP, a joint venture between Saudi Aramco (62.5%) and Total (37.5%), has
begun shipping refined products from the Jubail complex in Saudi Arabia. Saudi
Aramco loaded a first shipment of heavy fuel oil at the Jubail oil terminal on
September 23. The next shipment will be a cargo of diesel lifted by Total in
Commissioning of the SATORP refinery and petrochemical complex commenced
several weeks ago.
SATORP has been producing commercial-grade fuel oil and diesel since September
13. Crude oil is being processed into naphtha, diesel and heavy fuel oil in
the first atmospheric distillation units on line.
The facility’s size and complexity mean that commissioning will be a
months-long process, during which units will be started up in stages.
As more conversion units come on stream, the products will undergo more
complex processes and the amount of crude oil refined will ramp up.
Construction work on Jubail commenced in early April 2010. All units are
scheduled to be up and running by end-2013.
The Jubail Complex
The full-conversion Jubail complex is designed to refine 400,000 barrels per
day (or around 20million tons per year) of oil to produce high-grade
The complex also includes integrated petrochemical units to produce benzene,
paraxylene and propylene. The feedstock is Arab Heavy crude oil from the
nearby Safaniya and Manifa fields.
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Total is one of the largest integrated oil and gas companies in the world,
with activities in more than 130countries. The Group is also a first rank
player in chemicals. Its 97,000employees put their expertise to work in every
part of the industry – exploration and production of oil and natural gas,
refining and marketing, new energies, trading, and chemicals. Total is working
to help satisfy the global demand for energy, both today and tomorrow.
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