Saudi Aramco Said to Seek Partners for Power Plants
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Saudi Aramco, the world’s largest state-owned oil company, is seeking partners to help build three power plants for its expanding refining and chemicals businesses, two people with knowledge of the plan said.
The company aims to build three facilities and expand units at three existing sites at a total cost of about $1 billion, said the people, who asked not to be named since the project is not public. A Dharan-based spokesman for Saudi Aramco declined to make any immediate comment when contacted by telephone.