No. 15



Fal Oil Plans To Set Up Refinery In Sharjah

Fal Oil Company, a privately-owned oil bunkering company based in Sharjah, announced last month that it will set up by end-1997 a 33,000 b/d refinery in the emirate. The refinery will be purchased in Canada and dismantled before it is shipped to the Gulf and reassembled in Sharjah's free trade zone of al-Hamriyyah. Feedstock for the refinery will come from the Gulf and the yield will include middle...