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Questions and Answers
What is the primary goal of the Downstream business line?
What is the primary goal of the Downstream business line?
What type of facilities does the Downstream asset portfolio comprise?
What type of facilities does the Downstream asset portfolio comprise?
What is a key advantage of the Downstream business line's portfolio?
What is a key advantage of the Downstream business line's portfolio?
What is included in the Downstream business line's global operations?
What is included in the Downstream business line's global operations?
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What is the result of the Downstream business line's vertically integrated value chain?
What is the result of the Downstream business line's vertically integrated value chain?
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Study Notes
Downstream Business Line's Mission and Objectives
- Maximize the value of Saudi Arabia's hydrocarbon resources for economic and social development
Downstream Asset Portfolio
- Comprises domestic refining and petrochemical facilities (wholly owned and joint ventures)
- Includes a vast network of: • Pipelines • Bulk plants • Terminals
- Encompasses a large global business for: • Lubricants • Retail
- Features an expanding power operation
- Has a world-class sales and marketing function
- Holds substantial equity in various global locations
Value Chain and Competitive Advantage
- Constitutes a vertically integrated value chain from wellhead to end customer
- Provides Saudi Aramco with a competitive advantage in the global energy industry
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Description
This quiz covers the mission and activities of Saudi Arabia's Downstream business line, including domestic and international manufacturing, supply, and marketing of energy and petrochemicals.