Lebanon said it has received an offer from Russia to build an oil refinery in the Arab country.
“We received a general offer from a private Russian company, and it may crystallize with time because similar projects take a long period of time, whether with regard to gas for electricity or fuels,” Minister of Energy and Water Walid Fayyad told reporters following a meeting with Russian Ambassador Alexander Rudakov.
The minister expressed hope that the oil refinery will contribute to addressing the country’s energy shortages.
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