Petro Rabigh, Saudi Aramco and Sumitomo’s JV, resumes operation at its VGO unite

27/04/2014 Argaam

Rabigh Refining and Petrochemical Co resumed on April 25, 2014 operation at its Vacuum Gas Oil Hydro Treating Unit (VGO) after it had completed catalyst replacement in the unit, the company said in a statement to the Saudi bourse, Tadawul.

Petro Rabigh shut down the unit for repair in the end of March and said that the financial impact is expected to be SAR 214 million and would appear in the 2nd quarter of this year, according to Argaam.

Saudi  Arabian Oil Co.( Aramco), the world’s largest oil firm, and Japan’s Sumitomo Chemical Co, each owns a 37.5 percent stake in Rabigh.

 

Rabigh petrochemical complex has an annual output capacity of 2.4 million tons of petrochemicals and a refinery with a daily capacity of 400,000 barrels of oil. 

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