RE: Government Approval - $3bn New Oil Refinery!16 Dec 2024 09:34
Note WCAT has a MOU with Nilepet, the 30% owner..
Extract article:
“As you know very well, there is already a refinery there but it is small, it is not serving that much so there is a proposal for the construction of a new refinery and that new refinery will be valued at the sum of 3 billion dollars and this will be owned by 30 percent Nilepet and 70 percent another company called Quad Layer Holdings,” he revealed.