Monday, June 11, 2007

Petronas, Sudan Have Sought Engineering Bids to Build Oil Refinery

(Bloomberg) -- Petroliam Nasional Bhd., Malaysia's
state-owned oil company, and its counterpart in Sudan are
awaiting engineering bids to build a refinery in Port Sudan, the
Malaysian company said.

The plant, a joint venture with Sudan's national oil
company, would process 150,000 barrels a day, Hassan Marican,
chief executive of Petroliam Nasional, or Petronas, said at the
Asia Oil and Gas Conference in Kuala Lumpur today. In August
2005, Petronas said the plant would process 100,000 barrels a
day, without giving the cost of the project. Marican wouldn't
comment today on the change in the proposed scale.


Read more at Bloomberg Emerging Markets News

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