Friday, May 23, 2008

IOC mulls 15 mln ton grassroots refinery in Turkey at an estimated US$6 bln

India's energy major Indian Oil Corporation Limited (IOCL) is likely to convey its interest in Turkey's hydrocarbon sector at a planned meeting. The plan includes the construction of a 15 mln ton grasssroots refinery at Ceyhan in southern Turkey at an estimated investment of US$6 bln in a JV with Calik Energy of Turkey.

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