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Abu Dhabi, USD1.35bn energy FDI
- United Arab Emirates: Monday, December 23 - 2002 at 08:57
Abu Dhabi holds downstream oil investments abroad worth USD1.35bn, according to a report published in Oil and Gas Industry News. This includes refinery capacity for 600,000 bpd, 2,800 retail outlets and hydrocarbon exploration in 11 countries. The biggest single investment is a 19.5 per cent stake in Austrian energy group OMV.
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Peter J. CooperMonday, December 23 - 2002 at 08:57 UAE local time (GMT+4)
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This article was updated on Sat Jan 11 2003.
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