Russia is about to update an oil processing plant in North Korea

Russia plans to modernize an oil processing plant in the Democratic People’s Republic of Korea.

This is the information by A. Tanner, CFO of the company Veya Investments Ltd, which is engaged in the supply of equipment for production, as well as for transportation and processing of oil.

“Veya Investment plans to invest into the modernization of an oil refinery in the city of Sinhveri”, a spokesman said. He has added: “We are ready to act as an investor and supplier of equipment.”