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Kuwait Petroleum to re-present $15B New Refinery

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    basil parmesan

    Kuwait Petroleum to re-present $15bn refinery
    Kuwait: 6/25/09
    Kuwait National Petroleum Corporation (KNPC) has said it plans to present Kuwait’s fourth oil refinery project to the Supreme Petroleum Council (SPC) again to obtain its approval for the mega project. On March 20, the SPC decided to scrap the $15bn project, the second multi-billion-dollar deal to be cancelled in three months, after facing opposition in country’s National Assembly.
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