KNPC to receive new refinery bids within a week

Source: www.gulfoilandgas.com 12/17/2006, Location: Middle East

KNPC expects to receive international firms bids for 615.000 barrels per day refinery from a state tenders agency within a week.Eleven international companies arre bidding for building the new refinery which is set for completion by 2010 and is estimated to cost about $ 6 billion.The complex will mostly produce low sulphur fuel oil for state electricity plants.The company will study the technical and commercial aspects of the bids


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