Saudi PetroRabigh plans complex shutdown in April
PetroRabigh is a joint-venture between Japan's Sumitomo Chemical and State oil giant Saudi Aramco .
December 14, 2010 9:42 by Reuters
Saudi-based PetroRabigh said on Monday it would conduct scheduled maintenance work at its refining and petrochemicals complex in April.
PetroRabigh is a joint-venture between Japan’s Sumitomo Chemical and State oil giant Saudi Aramco .
Trade sources said earlier this month the 400,000 barrels per day (bpd) refinery in Rabigh would be shut for maintenance from late April to the end of May.
“The company is building up its stocks of refined products and petrochemicals to meet customers’ needs during the maintenance period,” PetroRabigh said in a statement on the Saudi bourse website.
It did not say when the complex would be back in operation.
Trade sources said as a result of the shutdown at Rabigh refinery and another refinery in Jubail — a joint venture between Aramco and Royal Dutch Shell – - Aramco would reduce naphtha supplies by at least 580,000 tonnes in the first half of 2011
PetroRabigh can produce an annual 18 million tonnes of refined products and 2.4 million tonnes of petrochemicals.
(Editing by Sue Thomas)