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YemenBusiness & Economy

5 international companies compete to modernize oil refinery

Originally published

The Yemeni government is currently studying international offers to implement the project of modernizing the oil refinery of Aden. 5 international companies submitted their offers; the British Tarmac, the French Foster Wales, the Canadian Tried, the Italian TBL, and the Japanese Sheoda which submitted its second offer.

None of the giant US companies specialized in the oil refineries submitted offers.

The estimated cost of the project of the Refinery of Aden is $ 300 million. It is expected that the best offer will be announced before the end of December so that the actual work will start at the beginning of the year

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