Saudi Crown Prince to inaugurate a $4.2 bln S-Oil expansion in South Korea


Saudi Crown Prince Mohammed bin Salman will inaugurate a $4.2 billion expansion of the S-Oil refinery in South Korea on Wednesday, Aramco’s President and CEO Amin Nasser told Al Arabiya.

In comments to Al Arabiya in South Korea during Crown Prince Mohammed bin Salman’s official visit to the country, Nasser added that there is global concern over the passage of supplies through the Strait of Hormuz.

“We have the ability to export through the Arabian Gulf and the Red Sea,” he added.

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