Chinese missile frigate to be open for public in VladivostokMilitary & Defense September 20, 10:41
Ukraine’s Naftogaz files lawsuit with The Hague court over Crimea assetsBusiness & Economy September 20, 9:42
Both Washington and Moscow not satisfied with bilateral relations — LavrovRussian Politics & Diplomacy September 20, 7:55
Situation with Russian, US diplomatic missions stabilized — TillersonWorld September 20, 7:07
Russia has no doubt that US can do something destructive to North Korea — LavrovRussian Politics & Diplomacy September 20, 6:21
ECHR rules not to revise its judgement on Beslan hostage taking caseWorld September 19, 19:18
Trump vows to 'totally destroy North Korea' if threatenedWorld September 19, 17:50
Russian top brass calls on US to not hamper Damascus’ fight against terrorismMilitary & Defense September 19, 17:49
Zapad-2017 exercise puts Russian army’s "nervous system" to testMilitary & Defense September 19, 17:33
SEOUL, July 25 (Itar-Tass) - South Korea’s consortium will rebuild an oil refinery complex in Turkmenistan, Yonhap News Agency reported on Thursday.
The deal amounts to 240 million U.S. dollars, the news agency said.
Under the contract, Petronas Carigali, LG International Corporation and Hyundai Engineering will rebuild the oil refinery complex at Kiyanly on the shores of the Caspian Sea.
After the reconstruction is over the oil refinery complex will be able to process 10,000 barrels of oil per day and 35 million cubic metres of natural gas.
The South Korean companies will be responsible for designing and the purchase of construction materials, and the whole construction process.
In 2009 and 2012 the South Korean consortium signed such deal with Turkmenistan at the total amount of two billion U.S. dollars.