VOL. XL

No. 26

30-June-1997

KUWAIT

Kuwait And India Complete Feasibility Study For Orissa Joint Venture RefineryProject

The Kuwait Petroleum Corporation (KPC) and the Indian Oil Corporation (IOC) - which areplanning to set up a joint-venture grassroots refinery in the Indian state of Orissa underthe terms of an MOU concluded in September 1995 - have now completed the feasibility studyfor the project. According to a statement by KPC's Assistant Managing Director ForOverseas Projects, Mr. Ahmad...