VOL. XLI

No. 02

12-January-1998

UAE

Dubai Investments And Conoco Sign MOU For Feasibility StudyFor Petroleum Coke Plant

Dubai Investments together with Conoco Inc. and Conoco'saffiliate, Venco, announced on 5 January that they had signed a memorandum ofunderstanding (MOU) to conduct a feasibility study for a petroleum coke calcining facilityto be built in Dubai's Jebel Ali free zone. The plant with a capacity of 400,000 tons/yearof calcined petroleum coke will cost an estimated $120mn. The...