Oman receives FDI approval for refining project

MOSCOW (MRC) -- CBH Inc. official source announced that the company will invest in the Sultanate of Oman in the construction of a Low Sulfur Fuel Oil Refinery, reported Hydrocarbonprocessing. The LSFO refinery aims to serve the growing shipping needs for IMO complaint cleaner fuel for shipping propulsion.The planned capacity is 300,000 bpd in phases. The location of the refinery is open t

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