Saudi Arabia’s downstream firms endured a year to forget in 2020 and Petro Rabigh was no exception. Petro Rabigh operates a 400,000 b/d refinery with 4.97mn t/y of integrated petchems on the Red Sea coast and is owned by Saudi Aramco (37.5%), and Japan’s Sumitomo Chemical (37.5%), with the remaining 25% of shares traded on Saudi Arabia’s Tadawul exchange.
The complex is situated at the downstream hub of Rabigh, located 150km down the coast from the much larger Yanbu hub. Petro Rabigh receives feedstock of crude oil, ethane and butane through pipelines from Yanbu, as well as up to 50mn cfd of natural gas for power generation. All are supplied by Saudi Aramco. (CONTINUED - 767 WORDS)