MANILA (AFX-ASIA) – Petron Corp president and chief executive Motassim Al-Ma’ashouq said the company has allocated US$300-400 million to meet new gasoline specifications under the Clean Air Act. The amount is on top of some US$100 million that Petron will spend to upgrade its refining facilities, he said. “We have US$100 million just for the…
PHILIPPINES: Petron to invest US$300-400 million in refinery upgrade to meet gas standards
Posted on November 7, 2002 by EnergyAsia