Kuwait Minister Sheikh Ali al-Jarrah al-Sabah and Louisiana Gov. Kathleen Blanco. have signed an initial agreement to study building a joint venture oil refinery in Louisiana.Blanco told a news conference, "This MOU establishes Kuwait's strong interest in Louisiana as a viable site for the first greenfield crude oil refinery in the U.S. in 30 years".
A statement said the officials discussed Kuwait's desire to increase refining capacity in the United States, and that Blanco requested that such new capacity be added in Louisiana. The size of the refinery and its cost are yet to be determined.
