SK Engineering seeks to build refinery in Ecuador

By Nam Kwang-sik
SEOUL, Jan. 7 (Yonhap) -- South Korea's SK Engineering & Construction Co. said
Thursday that it is pushing ahead with a project to build a refinery in Ecuador.

"We are going ahead with a project to build a refinery in Ecuador, but details on
the project have yet to be decided," said a spokesman with the unlisted builder,
which asked not to be identified. "The project will take years to complete."
Earlier reports by Reuters and other foreign media outlets said SK Engineering is
to build a US$12.5 billion refinery on Ecuador's Pacific coast as part of a joint
project with Venezuela.
The project, launched in July 2008, is expected to be completed in 2013, the
reports said.
ksnam@yna.co.kr
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