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FINANCIAL NEWS
Aramco, China’s SEPCO close vital gas contract
10 Jun 2016
(MENAFN) SEPCO, Chinese Shandong Electric Power Construction Co., has signed a deal with Saudi Aramco to construct a gas compressor station, based on reports.
This project comes as a part of the expansion of Saudi Arabia’s main gas pipeline, in addition to other related schemes to meet the growing domestic demand.
The project, known as Master Gas System 2, will increase the system’s volume to 12.5 billion cubic feet of gas a day (cfd) by 2018 from 8.4 billion cfd currently.
The original Master Gas System was constructed in the mid-1970s to gather and process associated gas from oil wells for use by variant domestic industries.
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02 Jul 2025
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12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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