Economy
Ra's Lanuf is an import center for the petrochemical industry. The Ra's Lanuf Refinery has a capacity of 220,000 barrels per day (35,000 m3/d). It is a part of larger petrochemical complex consisting of an ethylene plant, a polyethylene plant, plant utilities, and the Port of Ra's Lanuf. The Port of Ra's Lanuf consists of a small harbor, operated by the Veba Oil Company and RASCO. Its primary activities include loading crude oil and oil products. It has a maximum draft of 22 meters and is about 385 kilometres (239 mi) east of the Benina International Airport.
Ra's Lanuf is the terminus of the 251 km (156 mi) Defa-Ra's Lanuf oil pipeline and the 427 km (265 mi) Majid-Nafora-Amal-Ra's Lanuf oil pipeline.
Ra's Lanuf has two airports: Ra's Lanuf Oil (Code:HLNF) and Matratin (Code:FR3803).
Ra's Lanuf is to be a station on the new national railway system of Libya. In addition it is to be a construction base for the section to be built by Russian engineers, with a port for the delivery of supplies. The port will be connected to the base by a 7.5 kilometres (4.7 mi) branch line.
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)