Middle East Economic Survey

VOL. LIV

No 11

14-Mar-2011

KUWAIT

KPC-Sinopec Refinery/Petchem Project Gets Approval From Chinas NDRC

Chinas National Development and Reform Commission (NDRC) on 4 March granted final approval for the building of a long awaited $9bn joint venture refining and petrochemicals complex by Kuwait Petroleum Corporation (KPC) and Chinese downstream firm Sinopec. The complex will be built on Donghai Island in the city of Zhanjiang in Guangdong province, and will include a...