Saudi Aramco’s Yanbu Refinery to Start Output in 2014

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Saudi Aramco, the world’s largest state-owned oil company, said its planned refinery in the industrial city of Yanbu will start production in 2014.

The refinery will process 400,000 barrels of heavy crude a day to produce diesel and gasoline with byproducts of sulfur and petroleum coke, the company said on its website yesterday.