Saudi PetroRabigh refinery halted for 20 days

Reuters Middle East

JEDDAH, Saudi Arabia, Jan 1 (Reuters) - Saudi Arabia's

PetroRabigh refining and petrochemicals complex will

carry out maintenance for 20 days after a power cut on Saturday

forced it to halt operations, it said in a bourse statement on


The joint venture, owned by Saudi Aramco and

Japan's Sumitomo Chemical, said on Saturday in a bourse

statement that supplies of power and steam had been interrupted

from provider Rabigh Arabian Water and Electricity Co (RAWEC).

"In order to ensure the reliability of the facilities, the

firm is currently examining and performing the necessary

maintenance on all facilities, which is expected to take around

20 days," the statement said.

PetroRabigh said the maintenance will not have a significant

impact on the company's earnings.

PetroRabigh has annual output capacity of 18 million tonnes

of refined products and 2.4 million tonnes of petrochemicals.

In May, Saudi Aramco and Sumitomo Chemical Co said they

planned to go ahead with a $7 billion expansion of the complex

on the Red Sea cost. The Rabigh II project, now under

construction, is due to start operating in 2016.

(Reporting by Asma Alsharif; editing by Angus McDowall and

Patrick Graham)

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