Petro Rabigh completes payment of commercial loans amounting to SR 21.9 billion

Rabigh Refining and Petrochemical Company (Petro Rabigh) said it has completed the full payment of commercial loans related to Phase I of the Industrial Complex, amounting to 21.9 billion Saudi riyals.

The payment was on December 20, 2021, as per the scheduled payment plan.

Phase I of the project was inaugurated back in 2009, to further increase the annual production capacity of the national economy of the petrochemical and refined products.