IRAN: OIL MINISTRY GIVES PRIVATE SECTOR GREEN LIGHT FOR CONSTRUCTION OF QESHM REFINERIES.

From: IPR Strategic Business Information Database | Date: January 29, 2007 | Copyright information

According to "Tehran Times", the Oil Ministry has agreed to allow the private sector to construct two refineries in Qeshm, the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) said. A gas condensate and a crude oil refinery, with capacities of 120,000 and 160,000 barrels per day (bpd) respectively, will be built in Qeshm, Mohammad Reza Nematzadeh noted during a visit to the crude oi...