News
03 September 2020

Aramco shelving $20bn petrochemical plan?

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Middle East & Africa

Saudi Aramco is said to be shelving its $20 billion Yanbu crude-to-chemicals project, according to two people familiar with the matter, in a bid to preserve dividends. Aramco is also reviewing a decision last year to buy 25% of Sempra Energy’s liquefied natural gas terminal in Texas - which...

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