3 days ago
Zambia Plans $1.1 Billion Oil Refinery With Fujian Xiang Xin
Zambia's state-owned Industrial Development Corp. signed a memorandum of understanding with Fujian Xiang Xin Corp. to develop an oil refinery that will process about 60,000 barrels a day.
The $1.1 billion project will be in Ndola, Copperbelt province, the IDC said in a statement Monday.