Middle East Economic Survey
Takreer Planning 300,000 B/D Refinery For Fujairah
The Abu Dhabi Oil Refining Co (Takreer) plans to build a new 300,000 b/d oil refinery in Fujairah worth $4bn, according to a Khaleej Times report of 17 October. The refinery will be designed to handle Gulf crudes and produce high specification petroleum products. Takreer chose Fujairah for its convenient location and also because it wanted a major refinery far away from Abu Dhabi,...