Iran constructing seven refineries

Iran Focus: Tehran, Iran, Dec. 08 – Iran is constructing seven refineries across the country costing 27 billion dollars, a senior oil official said on Sunday.

Iran Focus

Tehran, Iran, Dec. 08 – Iran is constructing seven refineries across the country costing 27 billion dollars, a senior oil official said on Sunday.

Seyyed Noureddin Shahnazizadeh, who heads the National Iranian Oil Refining and Distribution Company, said that, finances permitting, the refineries will become operational in 2013.

Shahnazizadeh told a press conference that once the new refineries start to work, Iran’s gas and oil production capacities will reach 190 and 180 million litres a day respectively.

He added that one of the company’s priorities is to increase Iran’s export of oil products.