Japanese, Saudis to Build Refineries: Three Japanese...
From Times Staff and Wire Reports
Japanese, Saudis to Build Refineries: Three Japanese oil firms and Saudi Aramco have entered into a joint project to build one oil refinery each in Saudi Arabia and Japan, a Nippon Oil spokesman said. It was the first time Saudi Arabia has entered a joint venture with Japan in oil refining and marketing. Nippon Oil, Nippon Mining Co. and Arabian Oil have agreed with the state-run Saudi oil company Aramco to build the two refineries.
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