VOL. XLV

No 3

21-January-2002

TURKEY

Tupras Awards $96Mn RefineryContract To Korean/Turkish Joint Venture

Turkeys state-owned refiningcompany Tupras has awarded a contract worth $96mn to South Koreas LG Engineeringand its local partner Guris Insaat for the construction of a dieseldesulfurization unit at its Izmir refinery. Construction is to begin in Apriland finish by the end of 2004. Tupras said that the new unit would meet EUstandards by lowering sulfur content in diesel to 0.005% by 2005 from...