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First phase of Saudi Aramco's energy industrial city complete in 2021


17/07/2017
By:REUTERS

KHOBAR, Saudi Arabia (Reuters) - State oil firm Saudi Aramco said the first phase of a new Energy Industrial City in Saudi Arabia will be completed in 2021.

Last week, the Saudi government said it approved Saudi Aramco's plans to set up two new companies that will develop and operate the new Energy Industrial City as the kingdom seeks to expand its industrial base.

The city, which will be developed over 50-square km of land allocated for energy-related industries, will complete its first phase that covers almost 12-square km by that date, Aramco said in a statement late on Saturday.

The city will be located between Dammam and Ahsa, at the heart of energy operations, the statement said. An earlier report said the city will be close to Abqaiq, which is in the middle of Dammam and Ahsa.

Ghawar, the world's largest onshore oilfield is near al-Ahsa.

 

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Last Update: 17/07/2017

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