The Turkish Cevahir Group has applied to build an oil refinery with an annual refining capacity of 10 million tons in southern Turkey, an official from the country’s energy watchdog agency told Reuters yesterday.
It also plans to build a chemical plant at the same location in Yumurtalik and together the plants would be worth $6 billion in investment, the offical said. Yumurtalik is the terminal of a pipeline extending northward from Iraqi oil fields.
(Reuters)