VOL. XXXV

NO. 29

20-APRIL-1992

Iran

Iran to Build Lube Oil Plant in Turkmenistan

Iranian Oil Minister Gholamreza Aghazadeh said on 16 April that Iran willbuild a lube oil plant in Turkmenistan and cover the cost of its construction.Mr. Aghazadeh told Tehran radio upon his return from Ashkhabad, the republic'scapital, that Iran will receive oil products in return. He said in addition thatIran will purchase 150,000 tons of diesel fuel, and that Iranian banks willprovide Turkmenistan with $50mn with...