Refinery plan

Published April 15, 2007

KUWAIT, April 14: Kuwaiti oil services firm Gulf Petroleum Investment (Petrogulf) said on Saturday it plans to help build a $130 million oil refinery in northern Iraq with two partners.

The firm said it had signed a memorandum of understanding with Turkish conglomerate Cukurova Group to build the 20,000 bpd refinery.—Reuters

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