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Extraction Summary

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People
16
Organizations
13
Locations
4
Events
6
Relationships
3
Quotes

Document Information

Type: Financial research report
File Size: 1.64 MB
Summary

This document is page 71 of a Merrill Lynch research report ('GEMs Paper #26') dated June 30, 2016. It details Saudi Arabia's refining capacity targets and assets, specifically focusing on Saudi Aramco's domestic and international joint ventures with companies like ExxonMobil, Shell, and Sinopec. The page includes data tables on refinery locations, ownership percentages, and petroleum product output for 2014.

Timeline (4 events)

2014-06
Launch of SATORP refinery
Jubail
2015-01
First shipment made from YASREF
Yanbu
2016-01
Inauguration of YASREF
Yanbu
2019
Expected launch of Jazan refinery
Jazan

Relationships (6)

Saudi Aramco Partnership SABIC
assessing the possibility of embarking on a project together
Saudi Aramco Joint Venture Partner ExxonMobil
SAMREF and Fujian partnerships listed in Table 26
Saudi Aramco Joint Venture Partner Shell
SASREF, Motiva, and Showa Shell partnerships listed in Table 26
Saudi Aramco Joint Venture Partner Sumitomo
Petro Rabigh I partnership listed in Table 26
Saudi Aramco Joint Venture Partner Total
SATORP partnership listed in Table 26
Saudi Aramco Joint Venture Partner Sinopec
YASREF and Fujian partnerships listed in Table 26

Key Quotes (3)

"authorities have highlighted in several press releases that Aramco and SABIC are looking at potential oil-to-olefins projects."
Source
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Quote #1
"The NTP aims to increase the refining capacity to 3.3mn bpd per day by 2020 from 2.9mn bpd today."
Source
HOUSE_OVERSIGHT_016181.jpg
Quote #2
"Such a step would be the first of its kind in Saudi Arabia, with Aramco and SABIC working alongside each other on such a large scale."
Source
HOUSE_OVERSIGHT_016181.jpg
Quote #3

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