Louisiana, the second-largest oil refining state in the U.S., is proposing to crude-producing nations to turn farms into an oil refinery, said Dane Revette, the state's director of energy development.
The Gulf Coast state has two existing refineries whose stakeholders include foreign oil companies -- one from Venezuela and the other Saudi Arabia. Revette, who is attending today's Organization of Petroleum Exporting Countries meeting in Vienna, is conferring with officials from OPEC and non-OPEC countries while there in hopes of building a third, he said.
Kuwait, the fourth largest oil producer in the Middle East, has expressed interest in building a U.S. refinery and has held talks with Louisiana state officials, Kuwaiti officials have said.
Tuesday, September 12, 2006