Saudi Aramco's Jazan refinery and terminal mega project will herald the beginning of a historic new economic era for the region.
During a visit to the Jazan Economic City, refinery and terminal mega projects, president and CEO Amin Nasser said that once complete, Jazan will be transformed.
Commissioning activities for the complex will commence by mid-2018, and full operation will be achieved by 2019.
The projects are designed to enable an industrial springboard to achieve the vision of a diversified economy under the framework of the Kingdom's strategic Vision 2030 economic road map.
The 106-aquare kilometre complex will host the refinery as its anchor tenant and is viewed as pivotal to delivering much-needed economic transformation in the Jazan region and, at the same time, attract foreign investment.
Nasser said: 'It is a shared effort. We are in this together; we need to continue to move ahead as we are in the midst of creating a new and thriving era in Jazan. We are creating history, and five years from now, we will see a different Jazan.'
Fujairah's newest storage terminalShifting LNG market dynamics The rise of the fake terminal Storage for a flourishing trading market Storage hubs: navigating unprecedented changes Middle East storage operators buck oil price trend Ensuring India's energy security Deploying automation logic to fuel management systems The future is smart Innovative techniques for tank storage inspection