S.Korea Shinhan wins $350 mln order from Yemen

SEOUL | Sun Nov 22, 2009 9:31pm EST

SEOUL Nov 23 (Reuters) - South Korea's Shinhan (005450.KS) said on Monday that it had won a $350 million contract to build and run a 15,000 barrel-per-day (bpd) refinery from Yemen's oil and minerals ministry. The contract includes operating the refinery for 12 years after its completion, the builder said in a filing to the stock exchange.

(Reporting by Cho Meeyoung; Editing by Jonathan Hopfner) ((meeyoung.cho@thomsonreuters.com; +82 2 3704 5653; Reuters Messaging: meeyoung.cho.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

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