petro-refinery

  • Construction of Soleimani Petro-refinery to begin Soon

    Construction of Soleimani Petro-refinery to begin Soon

    TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said construction of a 300,000-barrel/day petro-refining plant will begin during the current calendar year, which began on March 21.

  • Iran to Develop Refining by Petro-Refineries

    Iran to Develop Refining by Petro-Refineries

    TEHRAN (Shana) -- The head of corporate planning of National Iranian Oil Refining and Distribution Company (NIORDC), Ali Reza Arman-Moqaddam says Iran will have to opt for petro-refineries in order to develop its refining industry. Although a 300,000-b/d petro-refining facility with crude oil feedstock would require $10 billion in investment, incentives are expected to draw in both local and foreign investors.