VOL. XXXVII

NO. 15

10-JANUARY-1994

Oman

Oman Signs Deal For Oil Refinery in India

The Indian state-owned Bharat Petroleum Corporation Ltd. (BPCL) announced on26 December that it had signed an agreement with the state-owned Oman OilCompany (OOC) for the construction of $1.72bn refinery in India. The newrefinery, with a capacity of 6mn tons/year (120,000 b/d), will be constructed atBina in the central Indian state of Madhya Pradesh and the completion date hasbeen set for 1997. BPCL and OOC will each...