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SAUDI-CHINA JOINT VENTURE UNVEILS NEW OIL REFINERY PROJECT

Published：2016-02-18

 

The Yasref Oil Refinery

 

The Yasref oil refinery, in Yanbu Industrial City on the Red Sea, is a $10 billion joint venture between Saudi and China.Saudi holds 62.5 percent of the stake while China holds 37.5 percent.

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