VOL. XLIII

No. 12

20-March-2000

UAE

Takreer Considers Plan For $400Mn Lube Base Oil Refinery; Ruwais Condensate Splitters To Start Up

The Abu Dhabi Oil Refining Company, Takreer, a wholly-owned subsidiary of the Abu Dhabi National Oil Company (ADNOC), is awaiting the results of a feasibility study being carried out by Bechtel of the US before deciding whether to build a Dh1.47mn ($400mn) lube base oil refinery with a capacity of 300,000 tons/year. If the project is approved, the refinery,...