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Enoc to expand upstream supply
- United Arab Emirates: Sunday, June 07 - 2009 at 09:38
Saeed Khoory, chief executive of Emirates National Oil Company has told Reuters that the company is looking at investment opportunities in the Middle East, Africa, Turkmenistan and Kazakhstan to secure supplies for its condensates refinery. 'Certain areas have become attractive due to the drop in oil prices and we are looking at various possibilities,' Khoory said. The group also plans to expand it's Fujeirah storage terminal by 500,000 cubic metres by 2011.
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StaffSunday, June 07 - 2009 at 09:38 UAE local time (GMT+4)
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