Yanbu’ Aramco Sinopec Refining Company (YASREF) Limited is a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec). Its purpose is to construct, own and operate a 400,000 bpd integrated petroleum refinery in Yanbu' Industrial City located on the west coast of Saudi Arabia along the Red Sea.

When completed, YASREF will be the Kingdom’s most advanced refinery. The refinery will process 100 percent Arabian Heavy crude oil and produce gasoline, high-quality diesel and liquefied petroleum gases (LPG), as well as sulfur as a by-product and petroleum coke for export. YASREF will include process units for the separation and conversion of the feed crude oil into finished products for the emerging markets of Asia, the Middle East and Africa, in addition to markets in Europe and the US. There will also be utility and offsite systems to support the refinery operation, and associated feed, intermediate and product storage facilities.

As well as having an enormous direct impact, YASREF provides significant annual revenues and approximately 6,000 direct and indirect job opportunities for Saudis. A key part of our efforts to develop a quality local workforce, YASREF is working with Riyadh Refinery to train new apprentices to operate the YASREF facility. By the end of 2013, 24 apprentices had completed the six-month training program.

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