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Iran, $16bn refining plans
- Iran: Monday, October 23 - 2006 at 08:09
The National Iranian Oil Company has drawn up 12 plans for the construction of new oil refineries and the development of existing ones, reported the Tehran Times citing the Mehr News Agency. It has been estimated that around $16bn would be needed to carry out the project, which would include the development of the Abadan refinery and the provision of turnkey contracts for the construction of others.
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Jonathan Sheikh-Miller, Deputy EditorMonday, October 23 - 2006 at 08:09 UAE local time (GMT+4)
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This article was updated on Tue Feb 06 2007.
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