Yanbu Aramco Sinopec Refining Company is located in Yanbu Industrial City along the Red Sea on the west coast of Saudi Arabia. It is a full-conversion world class refinery that will be built to process 400,000 barrels crude per day. The refinery will produce high–quality refined products that will meet the most stringent global product specifications and is expected to begin operation late 2014. The refinery will benefit from the availability of the Arabian Heavy crude oil supply while utilizing the excellent facilities and infrastructure of the Yanbu’ industrial city such as power and water grids and residential area.
This facility in particular, with its ability to process large quantities of heavy crude, not only eases tight refining capacities but also addresses the mismatch between available crude supplies and refinery configurations, which is complicating today's refining products global supply.
This project represents an excellent opportunity to build on the Kingdom's strategy of addressing global energy demand while attracting foreign investment to expand its economy. Once completed, the refinery will establish approximately 1,300 full time jobs and support approximately 5,000 indirect jobs in the Kingdom.