PHOTO
Photo used for illustrative purpose only. An oil tank is seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007.
FADHILI, Saudi Arabia, July 20 (Reuters) - State oil giant Saudi Aramco
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signed four engineering contracts to build its Fadhili gas processing project, the company announced at a press conference on Wednesday.
The contracts, with firms including Saudi Electricity Co
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and France's Engie
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, are expected to permit completion of the 50 billion riyal ($13.3 billion) project by the end of 2019, the company said. Other contracts for the project were signed late last year.
The plan for Fadhili includes a 1,500-megawatt power plant. The project is to boost Saudi gas production capacity to more than 17 billion standard cubic feet by 2020.
(Reporting by Reem Shamseddine, Writing by Katie Paul,; Editing by Andrew Torchia) ((Katie.Paul@thomsonreuters.com;))
The contracts, with firms including Saudi Electricity Co
The plan for Fadhili includes a 1,500-megawatt power plant. The project is to boost Saudi gas production capacity to more than 17 billion standard cubic feet by 2020.
(Reporting by Reem Shamseddine, Writing by Katie Paul,; Editing by Andrew Torchia) ((Katie.Paul@thomsonreuters.com;))