What joint-venture petrochemical complex, established in 1979 in Sitra, is owned equally by Bahrain, SABIC of Saudi Arabia, and PIC of Kuwait?
Answer and explanation
Correct answer: B. Gulf Petrochemical Industries
- Step 1: GPIC (Gulf Petrochemical Industries Company) is an equal-ownership joint venture among Bahrain (Bapco Energies), Saudi Arabia (SABIC), and Kuwait (PIC).
- Step 2: Located on reclaimed land in Sitra, it manufactures high-purity ammonia, granular urea, and chemical-grade methanol.
Answer
Gulf Petrochemical Industries.
Why not the others: 'Equate Petrochemical Company' is a Kuwaiti-Dow joint venture; 'OQ Petrochemicals Industrial' is part of OQ; 'Borouge Petrochemicals Group' is an ADNOC-Borealis joint venture in Ruwais, UAE.
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