Monday 18 November 2024
 
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Lubricating Oil Refining

Aramco JV plant expansion to cost $1bn

Saudi Aramco Lubricating Oil Refining (Luberef) expects the cost of expanding its Yanbu refinery to be nearly $1 billion, an Aramco executive said on Tuesday. Luberef, established in 1976, produces around 550,000 tonnes per year (tpy) of o

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