Oil Refinery for $190 Million [Archives:2000/49/Local News]
December 4 2000
It is expected that an oil refinery project, the biggest ever investment project in al-Shehr, Hadhramout governorate, would be established at a cost exceeding $ 190 million.
60 thousand barrels will be refined per a day. The refinery will produce petrol, kerosene, diesel and fuel gas. The project belongs to al-Kathiri Complex of which Mr. Abdullah al-Kathiri is the administrative board director.
Implementation of the project will last for three years. Work is expected to begin in 2003. Al-Kathiri Complex is to establish three projects, the refinery is number two after Gold Mohr Hotel, Aden inaugurated in September at a cost of $ 13 million.
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