Saturday, Jul 10, 2010
BEIRUT (Zawya Dow Jones)--Saudi Arabia's 2.2 billion Saudi riyals ($586.6 million) industrial port project in Ras Al Zour mining city on the Gulf coast is nearing completion and is expected to receive the first ship by the end of the current year, Abha-based Al Watan daily reports Saturday, citing a Saudi official.
The seaport will be able to handle about six million tons of diammonium phosphate; 440,000 tons of liquefied ammonia; one million tons of caustic soda; and one million tons of aluminum oxide, the paper reports, adding that the Ras Al Zour city comprises the world's largest integrated project for the manufacture of phosphate fertilizers with an annual capacity of about 2.92 million tons of granular diammonium phosphate.
The seaport will first serve the industrial sector then this will be followed by a future expansion to add the import and export of commercial goods to and from the kingdom's northern and north-western regions via the north-south railway, Khaled Al Musfer, public relations manager, at the Saudi Ports Authority, told the daily.
Newspaper website: http://www.alwatan.com.sa
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2010 Dow Jones & Co.
(END) Dow Jones Newswires
10-07-10 0903GMT
