Two oil refining and petrochemical projects worth around US$3 bln, are being prepared in the city of Suez with joint Bahraini and Kuwaiti investment. A US$1.8 bln oil refinery will have an initial output of 100,000 bpd, rising to 150,000 bpd in its second phase. The second facility will have a capacity of 130,000 bpd, offering petrochemical and oil products.
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12-Jun-07 
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