Two UAE based companies- The Star Consortium of TransAsia Gas International and Star Petro Energy, have signed a 50-50 joint venture agreement with NOC in Tripoli, Libya, covering a two-stage improvement of the 220,000 bpd Ras Lanuf export refinery. The site at Ras Lanuf includes a refining plant that produces naphtha, kerosene, light gas oil and heavy gas oil, and other units producing ethylene and polyethylene.
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Tuesday, January 08, 2008
UAE firms sign US$2 bln deal for upgrade of refinery in Libya
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