Aramco and Total to shortlist contenders for Jubail refinery contracts

Six out of nine contracts for the Jubail refinery project are expected to be awarded by two partners Saudi Aramco and Total by end of this month. About US$10 bln reduction in project costs is sought by the partners, in the project expected to start operations in 2013. Talks are underway with the bidders a step that is conventionally followed by deal signing.
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