Entity

Formerly Red Sea Refining Company, YASREF was incorporated in June 2010 and re-registered under its new title in January 2012 with the single purpose to establish, construct, operate, and manage a full conversion-refining complex.

The Yanbu Aramco Sinopec Refining Company (YASREF) Ltd., a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec), is a world-class, full-conversion refinery that covers about 5.2 million square meters in the Yanbu Industrial City, and is the key anchor project in Yanbu. YASREF uses 400,000 barrels per day (bpd) of Arabian heavy crude oil to produce premium transportation fuels, as well as high-value refined products for both international and domestic markets.

YASREF is a significant addition to the impressive downstream portfolio of Saudi Aramco, while building on and cementing the strategic partnership with Sinopec, Saudi Aramco’s largest crude oil partner and buyer. Both companies bring commercial and technical expertise to the joint venture to enhance trade of transportation fuels between a significant energy producer and its consumer.

In addition, YASREF represents a continuing step forward in the strategies of Saudi Aramco and Sinopec to drive growth further downstream to capture additional value along the hydrocarbon chain.

Refinery products
    • 287,000 bpd diesel
    • 105,000 bpd gasoline
    • 6,200 tons per day of petroleum coke
    • 1,200 tons per day of pelletized sulfur
    • 3000 bpd benzene
    • 6000 bpd Propane
    • 16 bpd Butane