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The article discusses a plan by a US-Saudi alliance of companies to establish an integrated oil refinery in the Gulf, with investments reaching up to five billion dollars. The goal of this refinery is to strengthen the region's energy infrastructure, with a focus on creating an export platform capable of directly accessing international shipping routes outside the Strait of Hormuz, thereby enhancing supply chain resilience. The final site for the refinery will be chosen by the end of 2026. The project will include advanced facilities for oil storage and export, energy-efficient refining technologies that reduce emissions, as well as the capability to process sustainable aviation fuels and implement carbon management techniques.
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