State oil giant Saudi Aramco has shut down its 90,000 barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the matter said on Sunday.
Aramco had for years been considering whether to shut the refinery because of age and environmental concerns. The facility, which started operating in 1967, served much of the country’s western region and its closure will increase demand at other Saudi facilities.
It produced liquefied petroleum gas, gasoline, diesel, asphalt and jet fuel, and exported naphtha.
One source said the facility would be mothballed. Saudi Aramco did not respond to an emailed request for comment.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
First IS fighters evacuate south Damascus: monitor
Europe reassures Iran of commitment to N-deal
Three Palestinians injured in protests die: ministry
Two Palestinians wounded in Monday protests die
Cleric Moqtada al-Sadr's bloc wins Iraq election
Europe reassures Iran of commitment to nuclear deal
Pompeo to call for broad support for Iran talks
Israel’s Gaza response ‘wholly disproportionate’: UN rights chief
Israel's Gaza response 'wholly disproportionate': UN rights chief