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Monday, February 02, 2009

Saudi Arabia: Samsung and Jizan refinery projectnote

The Saudi Oil Ministry comes to delay bids for the Jizan refinery project until September 2009, as it did so several times since the project was initiated in mid-2007. Samsung of South Korea is now said to be showing interest in the project after Petronas of Malaysia and Reliance Industries of India. The following 253-word report focuses on the issue and tells whether the Ministry believes the project will be awarded this time or not.

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