It could rival in size the world's largest, in Jubail, Saudi Arabia, which processes 200 million gallons a day.

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According to Al Arabiya, the party met with Mosleh al-Otaibi, chief executive of the Royal Commission in Jubail.

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He opened the third location about four hours north in the industrial area of Jubail a year later, and within months Gulf Royal broke even, he says.

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