VOL. XXXVI

NO. 43

26-JULY-1993

YEMEN

Petronas To Lend Aden Refinery $50Mn Under Processing Deal

The Malaysian national oil company Petronas has agreed to lend Yemen $50mnfor the construction of a new electric power plant at the state-owned Adenrefinery. The loan is apparently included in the agreement concluded last weekbetween Petronas and the Aden Refinery Company (ARC) under which Petronasrenewed its three-year contract for the processing of 30,000-40,000 b/d of crudeat the 170,000 b/d refinery...