Posted by meb at September 4th, 2008

A leading Kuwaiti oil company has started feasibility studies on the establishment of an oil refinery in Adana’s Ceyhan district, the end point of the Baku-Tbilisi-Ceyhan (BTC) pipeline, which transports Azerbaijani oil to international markets.

A four-member delegation led by Kuwait Petroleum International (KPI) Vice President Mohammed Rashed Jasem recently visited Ceyhan and met with local officials, the Anatolia news agency reported yesterday.

The delegation was briefed at the Ceyhan Chamber of Commerce and Industry after visiting the regional headquarters of the Turkish Pipeline Corporation (BOTAŞ) and the Yumurtalık Free Trade Zone.

Ceyhan Chamber of Commerce and Industry President Ali Duru said he had briefed the Kuwaiti delegation on the opportunities for energy investment in the region. “The Kuwaitis left our city with many ideas [for investment],” he said. (more…)