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Home Latest News

Saudi to build shipbuilding complex

byCT Report
20/07/2016
in Latest News
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RIYADH: Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said.

The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister Khalid Al-Falih was quoted as saying in an Oman Observer report. Meanwhile, Saudi Aramco, an oil major, will need more tankers to meet global demand, he added.

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