Saudi Aramco Says Jeddah Refinery Not Affected by Heavy Floods

Saudi Aramco, the world’s largest state-owned oil company, said its 350,000 barrel-a-day refinery in Jeddah was not affected by lethal floods that struck the Red Sea port last week.

“We can confirm normal operations are taking place,” the Dhahran-based producer said in an e-mailed statement today. Aramco exports naphtha from the refinery and produces gasoline, fuel oil, and other products there for local consumption.

The Jeddah refinery can increase output to 450,000 barrels a day at peak times, according to Aramco.

Jeddah, Saudi Arabia’s second-largest city, was inundated by as much as 111 millimeters (4.4 inches) of rainfall on Jan. 26. At least 10 people died in the flooding, and 114 people were injured, according to authorities.

Another Aramco refinery, along the Red Sea coast a Yanbu, began a planned shutdown yesterday. The Yanbu complex would be off-line until March 11, Aramco said on Jan. 22.

To contact the reporter on this story: Wael Mahdi in Khobar wmahdi@bloomberg.net

To contact the editor responsible for this story: Steve Voss at sev@bloomberg.net

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