Updated on 05, February, 2012 12:32:PM
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Aramco to invest $90b in boosting refining capacity

Saudi Aramco will invest $90 billion in the next five years to increase refining capacity by 50 percent to 6 million barrels a day. Most of the capacity to be added to the five-year target will be at refineries in Asia, with the bulk of that in China, Al-Falih said. Moreover, the company has a $200 ...

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