Common Contracts

1 similar Project Financing Agreement contracts

Project Financing Agreement Signed for Petro Rabigh’s Rabigh Phase II Project
Project Financing Agreement • March 17th, 2015

Rabigh Refining and Petrochemical Company (Petro Rabigh), whose major shareholders are Sumitomo Chemical and Saudi Aramco, has signed project financing agreements with a syndicate of banks for the Rabigh Phase II Project, which is an undertaking to expand its existing integrated refinery and petrochemicals complex. The financing involves approximately US$5.2 billion (*1), which represents over 60% of the total project cost of approximately US$8.1 billion (*2) specified in the agreements.

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