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S.Korea firms win $2.5 bln order from Saudi - ASHARQ AL-AWSAT English Archive
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SEOUL (AFP) – Two South Korean builders said they have secured a combined $2.5 billion order from a Saudi state oil company to build a major gas plant in the kingdom.

SK Engineering and Construction won a $1.9 billion order while Samsung Engineering secured a $600 million contract for the plant, north of Jubail, which will be capable of handling 70 million cubic meters of gas per day.

The plant will be the biggest of its kind in Saudi Arabia when it is completed in 2014, the companies said on Sunday.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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