Amin Nasser, president and CEO of Saudi Aramco, has visited the company’s Jazan refinery to receive progress updates at the Jazan Economic City (JEC) and refinery and terminal mega-projects in Saudi Arabia
During the site-visit, Nasser said that the project is expected to herald the beginning of a historic new economic era for both the region and the Kingdom.
Nasser added that he also discussed with the corporate management team on the project and underlined the company’s support for the work of the Jazan project management team.
He further noted that the complex is scheduled to be completed by mid-2018, with full operation to be achieved by 2019.
The Jazan project aims to enable an industrial springboard to achieve the vision of a diversified economy under Kingdom’s strategic Vision 2030 economic road map.
The 106 sq km JEC will host the refinery complex as its anchor tenant and is viewed as pivotal to deliver economic transformation in the region, while attracting foreign investment.
“It’s a shared effort,” Nasser said. “We need to continue to move ahead as we are in the midst of creating a new and thriving era in Jazan.”
The corporate management delegation also toured the under-construction port, where massive dredgers could be seen at work and were briefed on the progress of complex engineering and construction packages that is expected to be integrated to reach the processing capacity of more than 400,000 bpd of crude oil. Nasser said that this could provide fuel for domestic and international customers.
“The complex will be entirely self-sufficient and provide power to locally owned manufacturing and service companies,” Aramco noted.
