Arab Today, arab today dubai pens mou with sonangol to build oil refinery
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

Dubai pens MoU with Sonangol to build oil refinery

Arab Today, arab today

Arab Today, arab today Dubai pens MoU with Sonangol to build oil refinery

Dubai - AFP

Dubai said on Thursday that it has signed a memorandum of understanding with China Sonangol to build a crude oil refinery aimed at meeting rising domestic demand. The refinery, which will be the second in the Gulf emirate, will process end products for \"domestic use as well as targeted international markets,\" the government of Dubai said in a statement. \"The refinery will seek to ensure the sustained supply of refined end products for the emirate’s future energy consumption while further augmenting Dubai’s export portfolio,\" it said. The MoU was signed by Sheikh Ahmed bin Saeed al-Maktoum, chairman of Dubai Supreme Council of Energy, and Sonangol Group chairman Sam Pai. The statement did not disclose details of the targeted capacity of the refinery, or the cost. Although part of the oil-rich UAE federation, Dubai has very little oil reserves left, contrary to neighbouring Abu Dhabi. Dubai has one gas condensate refinery, in Jebel Ali port, with an output capacity of 120,000 barrels per day.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai pens mou with sonangol to build oil refinery Arab Today, arab today dubai pens mou with sonangol to build oil refinery

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai pens mou with sonangol to build oil refinery Arab Today, arab today dubai pens mou with sonangol to build oil refinery

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday