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Tue 8 Jun 2010 09:47 PM

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Total, Aramco in talks over new Jubail cracker

400,000 bpd crude oil refinery is being built in Jubail, on Saudi's east coast.

Total, Aramco in talks over new Jubail cracker
CRACKER TALKS: Frances Total is in talks with Saudi Aramco over building a cracker at their joint refinery in the Kingdom. (Getty Images)

France oil major Total is in talks with state Saudi Aramco to build a cracker at their joint refinery in the kingdom, an executive from Total Petrochemicals said on Tuesday.

Aramco and Total are building a 400,000 barrels per day (bpd) crude oil refinery in Jubail, on the Gulf's east coast of Saudi Arabia.

Speaking to reporters on the sidelines of a MEED conference, Michel Govaerts, general manager of business development for Middle East and Asia, Total Petrochemicals, said: "We are working on the possibility of a multi feed cracker, could be world scale, the largest possible, typically 1500 kilo tonnes per year (KTA) of ethylene and 500 KTA of propylene, plus derivatives."

The refinery, which is export and domestic oriented, will produce 700,000 tons per year (tpy) of paraxylene, 140,000 tpy of benzene and 200,000 tpy of polymer grade propylene.

When asked about the existing petrochemical units, he said: "They could be combined or not combined."

Jean Jacques Mosconi, head of strategy at Total said last week Total, under the joint venture Satorp would be interested in expanding petrochemical output of their plant.

Total Petrochemicals is a unit of Total. (Reuters)