Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi has said that upon the approval of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, Saudi Arabia Oil Company 'Saudi Aramco' has been commissioned to build Jazan refinery as soon as possible. In a statement to The Saudi Press Agency, Al-Naimi said following the royal directives to consider the establishment of a refinery in Jazan region, the Ministry immediately had floated the tenders for the project. Eight Saudi companies have been short-listed. The Eight Saudi Companies and 42 other international oil companies had been invited to form consortiums, with each consortium having at least one or more global companies that had been invited for the bidding. Accordingly, the Ministry had issued Request For Proposals (RFP) in the month of Ramadan, 1428H that included all the necessary information needed by the bidder and the terms and conditions relating to the project as well as the criteria under which the evaluation of bids could be considered. The Minister said that the Ministry appreciates and values the companies that made a serious attempt to compete vigorously for the license of the project, but with the current government capacity and the ability to ensure the establishment of this important development project in Jazan Region; Saudi Aramco has been commissioned to implement and finance Jazan Refinery Project wholly.
