Total, Saudi Aramco Mull Expansion of JV Refinery

Source: Reuters 2/23/2016, Location: Middle East

France's Total and Saudi Arabia's national oil company are considering expanding by 10 percent their joint refinery project to 440,000 barrels per day, a Total executive said.

Philippe Sauquet, head of Total's refining and chemicals division, said a decision on the expansion of the Saudi Aramco Total Refining and Petrochemical (SATORP), which was started up in 2014, will be made in the next six months.

"The refinery has been a great success. We are now considering expanding by 10 percent because we are already producing more than the nominal capacity," Sauquet said on the sidelines of the CERAWeek conference in Houston, Texas.

If approved, the increase will take more than one year and will include clearing bottlenecks from existing production, he added.


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