VOL. XXXIII

NO. 42

23-JULY-1990

Yemen

Yemen Seeks Finance to Modernize and Expand Aden Refinery

Yemen is planning to seek financing amounting to about $200mn for theupgrading and modernization of the 160,000 b/d Aden refinery that was originallybuilt in the 1950s. The expansion and modernization plan is intended to upgradethe quality and quantity of products earmarked for export as well as for localdemand. The refinery is currently processing 115,000 b/d for a number ofcustomers as follows: 20,000...