U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz

stadium development expired 44% Real Estate

A US-Saudi consortium named MERA Oil plans to build a $5 billion refinery in the Persian Gulf with a capacity of 200,000 barrels per day. The consortium comprises several companies from Texas and Saudi Arabia, and is currently choosing among shortlisted Gulf Cooperation Council locations for the facility despite regional tensions.

🇸🇦 Location: Persian Gulf — Sources: 3 — First seen: — Last seen:
refinery US-Saudi consortium MERA Oil Persian Gulf oil capacity

Linked Entities

MERA Oil

organization involved

Texas

location involved 🇺🇸

Saudi Arabia

location involved 🌐

Gulf Cooperation Council

organization involved

Asian Champions League

organization involved

Contributing Articles