Name of the Project
Jubail petrochemicals complex.
Location
The project will be integrated downstream of the Saudi Aramco Total Refining and Petrochemical Company (SATORP) refinery in Jubail, Saudi Arabia.
Client
Saudi Aramco and Total.
Project Description
The project entails the construction of a giant petrochemicals complex, adjacent to the SATORP refinery, operated by Saudi Aramco (62.5%) and Total (37.5%), to fully exploit operational synergies.
The complex will comprise a mixed-feed cracker (50% ethane and refinery off-gas), with a capacity of producing 1.5-million tons a year of ethylene and related high-added-value petrochemical units.
The project will produce more than 2.7-million metric tons of high-value chemicals.
Potential Job Creation
The project is expected to create 8 000 local direct and indirect jobs.
Value
The project will represent an investment of about $5-billion.
The cracker will feed other petrochemicals and speciality chemicals plants, representing an overall amount of $4-billion in investment by third-party investors.
Duration
The project is scheduled to start in 2024.
Latest Developments
Saudi Aramco and Total have signed the joint development agreement for the front-end engineering and design for the petrochemical complex.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Saudi Aramco media relations, email media relations:international.media@aramco.com.
Total media relations, tel +33 1 47 44 46 99 or email presse@total.com.