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Statoil to invest 1 bln nkr at Mongstad refinery


Published :
Fri, 13 Apr 2007 10:18
By : Agencies
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OSLO (Thomson Financial) - Statoil ASA said it it will invest 1 bln nkr in environmental technology at its Mongstad refinery, north of Bergen.

The investment forms part of the refinery's strategy to comply with more stringent emissions limits and requirements.

'This will make the entire refinery more robust,' said Statoil spokesman Bjoern Kare Viken.

patrick.mcloughlin@thomson.com

pm/jlw

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