Downstream activities involve the financing of refining (including GTL) and petrochemical facilities. SMBC group has played a leading role in the vast majority of financings for the development of Saudi Arabia’s and Qatar’s petrochemical facilities. SMBC group has also advised on and arranged debt financing for word-scale refineries in Saudi Arabia and Oman. Similarly, SMBC group has arranged debt financing for stand-alone and integrated pipeline projects in EMEA.