Tuesday, May 13, 2008

SEOUL (Dow Jones)--South Korea's GS Engineering & Construction Corp. (006360.SE) Tuesday said it will build a refinery in Kuwait together with Japan's JGC Corp. (1963.TO) for $4 billion.

A GS Engineering spokesman said the refinery - for state-owned Kuwait National Petroleum Co., or KNPC - will take 45 months to construct.

-By Kyong-Ae Choi, Dow Jones Newswires; 822-732-2165; kyong-ae.choi@dowjones.com

(END) Dow Jones Newswires

13-05-08 0030GMT