ADNOC INVESTMENT PLAN: $45 BLN
AOG - The Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest $45bn alongside partners, over the next five years, to become a leading global downstream player.
The plans were unveiled at the ADNOC Downstream Investment Forum in Abu Dhabi. The unprecedented investment programme will underpin a new downstream strategy to significantly expand ADNOC's refining and petrochemical operations at Ruwais in the UAE and undertake highly targeted overseas investments to secure greater market access.
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