Saudi- SATORP Company Doubles Its Capital


(MENAFN- Saudi Press Agency) Arab Total Aramco Company for Services (announced today that Saudi Aramco Company and Total Company, the only two partners of Saudi Aramco Total Refining and Petrochemical Company (SATORP) intend to raise the company's capital in the first quarter of next year 2013 by 100% from SR 3.562 billion to SR 7.125 billion. The company said in a statement issued this morning that the capital increase aims to finance the Company's projects.


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