【Project Background】The Jafurah gas field operated by Saudi Aramco is Saudi Arabia's largest non-associated natural gas development project, located in the Eastern Province of Saudi Arabia. To achieve deep processing of natural gas, Saudi Aramco has initiated the construction of the Riyas LNG fractionation plant, which serves as the core downstream facility for the overall development of the Jafurah gas field.

【Role of Chinese Enterprises】Sinopec Refining & Chemical Engineering Group officially signed an EPC general contract with Saudi Aramco in June 2024, with a contract value of approximately $3.35 billion (the company's share in the consortium is approximately $1.17 billion).

【Scope of Services】L4 EPC general contract, covering the entire process of engineering design, equipment procurement, and construction for the LNG fractionation plant.

【Typical Significance】In the first half of 2024, the company's newly signed overseas contracts increased by 117.8% year-on-year, with overseas contracts accounting for 34% of total contracts. This project represents the largest single contract among them.