ADNOC plans to expand refining and petrochemical operations at its Ruwais complex
ABU DHABI: Abu Dhabi National Oil Co. said on Sunday it plans to invest 165 billion dirhams along with its partners over five years to expand its downstream operations.
ADNOC plans to expand refining and petrochemical operations at its Ruwais complex by adding a third refinery to expand capacity by 600,000 bpd by 2025, it said in a statement.
It will also make overseas investments to secure greater access to growth markets, it said.
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