VOL. XLVII

No 18

03-May-2004

CYPRUS

Cyprus Closes Down Larnaca Refinery

Cyprus has closed down the 27,000 b/d Larnaca refinery, following through on its decision in mid-2003 to abandon a €40mn program to upgrade the plant to EU specifications in favor of closing the refinery and converting the site into a petroleum products storage depot (MEES, 23 June 2003). The site will now be used for storage of imported products until the completion of a new tank farm at Vasiliko, which is...