NewsSpecial WireIran constructing seven refineries

Iran constructing seven refineries

-

ImageIran 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

ImageTehran, 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.

Latest news

Iran’s Car Market Experiences Sharp Surge in Prices Afte War-Induced Stagnation

Media outlets in Iran report that the prices of many domestically produced cars have increased by 3 billion to...

UN Officials Call for a Halt to Executions and Repression in Iran

Volker Türk, the United Nations High Commissioner for Human Rights, in a statement published on April 29, strongly condemned...

Iran’s National Currency Has Declined by 120% Over the Past Year

Reports from Iran indicate a sharp surge in the price of the U.S. dollar in the open market in...

US Preparing for a Long-Term Blockade of Iran’s Ports

The Wall Street Journal, citing US officials, reported that US President Donald Trump has ordered preparations for a long-term...

War Economy and Stagflation in Iran

Unemployment and inflation in a war for which the Iranian regime is the primary cause are no longer merely...

Transfer of a death-row political prisoner to solitary confinement in Urmia, Iran

Punitive transfer of death-row political prisoner Mehrab Abdollahzadeh to solitary confinement in Urmia Prison Mehrab Abdollahzadeh, a political prisoner sentenced...

Must read

Iran’s Regime Launches Satellite Despite Warning from Europe

One day after the three European signatories of the...

Iran’s Police Assault and Arrest Girls for Not Wearing Mandatory Hijab

Following widespread reactions to a recently released video showing...

You might also likeRELATED
Recommended to you