1. Chinese Petroleum was one of the original partners in the refinery project, along with Total. 2. Even if TransAmerican lands a deal quickly, it will be hard-pressed to have the first phase of the refinery project completed in less than four months. 3. Elf is the second French oil company to abandon a refinery project in Asia. 4. Only one big refinery project with foreigners is progressing. 5. The New York-based Amerada Hess declined to name the companies with which Amerada was discussing its St. Croix refinery project. 6. Another partner in the refinery project is Probosutedjo, a half-brother of Suharto who has a similar lawsuit pending against the government for liquidating a bank he owned. 7. Before the contract was signed, speculation had been rife that the refinery project never would be finished. 8. Inadequate transportation links were among problems cited by the French oil company Total S.A. when it pulled out of the refinery project last year. 9. Rafsanjani would not say if Iranian firms were interested in the refinery project. 10. Saudi Arabia has canceled a multimillion dollar refinery project and may put off building a big petrochemical plant. |
|