VOL. XXXIX

No. 22

26-February-1996

KUWAIT

Indian Government Approves KPC/IOC Joint Venture Refinery At Orissa

The Indian Government on 20 February gave its approval to the proposed grassroots refinery to be established in the northeast Indian state of Orissa by a joint venture between the Kuwait Petroleum Corporation (KPC) and the state-owned Indian Oil Corporation (IOC). KPC and IOC signed a memorandum of understanding last September for setting up the joint venture to build the...