Dec 05 2011 |
more articles from
|
China OKs Kuwait Call To Build Petchem Complex Along With Refinery-Report
Monday, Dec 05, 2011
BEIRUT (Zawya Dow Jones)--Kuwait's talks with China about the $9.3 billion planned petrochemical and refinery joint venture are in their final stages and China has agreed that the petrochemical complex be constructed simultaneously with the refinery, Kuwait-based Al Anba daily reports Monday citing executives.
The Chinese side is now fully convinced of setting up an ethylene unit with a production capacity of one million tons a year, unnamed executives at state-run Kuwait Petroleum International , or KPI , told the paper.
The two sides have agreed that construction work should start first at the refinery project then at the petrochemical complex which would be completed six months or one year after the completion of the refinery, the people told Al Anba.
KPI has submitted a proposal concerning the strategic partner to its parent company Kuwait Petroleum Corp. and the identity of this partner is expected to be revealed before the end of the current year, they told the newspaper.
Newspaper website: http://www.alanba.com.kw/AbsoluteNMNEW/templates/economy2010.aspx?articleid=247537&zoneid=17&m=0
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
05-12-11 0642GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment