AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs
Nov 27, 2012 (Menafn - AME Info - McClatchy-Tribune Information Services via COMTEX) --SAUDI ARABIA AWARDS SAMSUNG, SHANGHAI ELECTRIC 3BN CONTRACT: Saudi's state-owned Saline Water Conversion Corp (SWCC) has announced it has awarded a consortium including Samsung Engineering and Shanghai Electric a SR11.3bn (3bn) contract to build a water desalination plant on the Red Sea coast of the kingdom, Reuters has reported. The new plant will have a capacity of 550,000 cubic metres per day of desalinated water and a power capacity of 2,500 megawatts. Water consumption in the country is already almost double the per capita global average and increasing at an ever faster rate with the rapid expansion of population and industrial development.
SAMREF TO SHUT YANBU REFINERY IN MARCH: Saudi Aramco Mobil Refinery Co (Samref) is to shut most of the units at its 400,000 barrel per day (bpd) Yanbu refinery next March to bring a new cleaner fuel project online, Reuters has reported, citing industry sources. The outage planned by the joint venture between Aramco and US energy giant ExxonMobil is expected to start on March 10 and last for 45-50 days, traders and an industry source said. The world's two largest energy companies have invested 2.5bn to upgrade the facility on the Red Sea coast of Saudi Arabia to produce cleaner fuels. The refinery mostly exports gasoil and gasoline.
KUWAITI CRUDE OIL EXPORTS TO CHINA RISE 8 percent: According to data released by Kuwait's General Administration of Customs, the Gulf country's crude oil exports to China in the first 10 months of 2012 rose 8 percent from the same period of last year to 8.6 million tonnes, equivalent to around 207,000 barrels per day (bpd), Kuna has reported. Kuwait supplied 3.84 percent of China's crude oil in the January-October period, compared with a 3.81 percent market share a year ago. In October alone, Kuwait's shipments to the world's second-biggest energy market slid 32.7 percent year-on-year to 203,000 bpd.
JORDANIAN GOVERNMENT TO SELL DISCOUNTED ENERGY-EFFICIENT LIGHT BULBS: The Jordanian cabinet has agreed to import 1.5 million energy-saving light bulbs, to be sold to Jordanians at 25 percent of their cost, Jordan Times has reported. According to the decision, the electricity distribution companies will manage the sale of the light bulbs to subscribers who consume less than 600 kilowatts per hour. Subscribers can pay for the light bulbs in five instalments, which will be added to the electricity bill.
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