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


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
03 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...