Kuwait, China hope to reach accord on refinery location

[Kristy]

Kuwait's oil minister told KUNA he hoped to reach a final agreement with China on a long-stalled project to build a $9bn refinery and petrochemical venture in the Asian nation. The project, which has run into repeated delays over its location since the two countries signed a memorandum of understanding in 2005, is expected to be built in China's southern Guangdong province, but an exact location has yet to be finalized.
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