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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...