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Saudi Aramco still studying clean fuels, Jizan refinery in 2018

Oil tanks seen at the Saudi Aramco headquarters at Damam city. Photo courtesy of Reuters.
Oil tanks seen at the Saudi Aramco headquarters at Damam city. Photo courtesy of Reuters.

(Reuters) Saudi Aramco's planned Jizan refinery will come online in 2018, while the firm is still studying plans for a clean fuels project, chief executive Amin Nasser said at a company event on Wednesday.

The Jizan refinery, to be located in the southwest of the kingdom, is slated to process 400 Mbpd when fully operational.

Sources told Reuters in May that the deadline for contractors to bid to build the clean fuels project at Aramco's biggest oil refinery in Ras Tanura had been delayed until July 17.

The proposed $2 B scheme to remove sulfur from refined products would be part of a drive to meet stricterenvironmental standards.

Reporting by Reem Shamseddine; Writing by David French; Editing by Andrew Torchia

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