Browse related articlesStar Consortium concludes $2bn Libya deal
United Arab Emirates: Tuesday, July 15 - 2008 at 14:54
The Star Consortium comprising UAE-based Al Ghurair Investments' subsidiary TransAsia Gas International and ETA Ascon Star Group's Star Petro Energy has concluded a $2bn deal with the National Oil Company of Libya to set up a joint venture company to own and upgrade its Ras Lanuf refinery. The proposed Joint Venture Company will be incorporated and registered in one of the free zones in Dubai, with offices in Ras Lanuf, Tripoli and Dubai.
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Jeff Florian, Senior ReporterTuesday, July 15 - 2008 at 14:54 UAE local time (GMT+4)
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