RIYADH: Building work on Saudi Aramco’s new $7 billion Shaheen petrochemical project in Ulsa, South Korea has officially begun after a groundbreaking ceremony involving the energy giant’s CEO.
Amin Nasser attended the inauguration event alongside South Korea’s president Yoon Suk Yeol and senior officials from both countries.
The Shaheen project, announced in November 2022, is being built by South Korean refiner S-OIL Corp., of which Aramco owns a more than 63 percent stake.
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