A JOINT VENTURE of Saudi Aramco and a Nippon Oil led Japanese group increased proposed capacity of an expansion at Nippon Oil's mothballed refinery at Kudamatsu, Yamaguchi Province, Japan, to 450,000 b/d from 150,000 b/d (OGJ, Aug. 26, 1991, p. 19). The venture also plans construction of a 300,000 b/d export refinery at Jubail, Saudi Arabia. Aramco holds a 50% stake in the venture with Nippon Oil 20%, Nippon Mining 15%. Caltex 10%, and Arabian Oil Co. 5%.

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