Saudi Aramco Refining Capacity to Reach 3.46 Million Barrels

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Saudi Arabian Oil Co. aims to increase total refining capacity to 3.46 million barrels a day in 2016 from the current 2.26 million barrels a day, the vice president for refining and natural gas liquids fractionation said.

The company, known as Saudi Aramco, aims to integrate 90 percent of its refineries with petrochemical plants, Mohammed al-Omair said today at a conference in Manama, Bahrain. Saudi Aramco’s Red Sea refinery will come on line in 2014 and the Jazan refinery in 2016, he said.