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IPIC, $5bn Pakistan refinery
- United Arab Emirates: Monday, November 13 - 2006 at 08:39
Abu Dhabi's International Petroleum Investment Company is to invest $5bn in a refinery project in Pakistan, according to the local WAM news agency. The refinery, which will generate a number of job opportunities, will have a capacity of around 200,000 to 300,000 barrels a day. The IPIC board is currently discussing several new projects both in the UAE and abroad.
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