VOL. XXXII
NO. 45
14-AUGUST-1989
IRAN
Bandar Abbas Refinery Project Temporarily Suspended Due to FinancingDispute
Iran's project for the construction of a new 240,000 b/d grassroots refineryat Bandar Abbas on the Gulf coast has been temporarily suspended owing to adispute over the means of payment between Iran's NIOC and the Japanese groupthat is arranging the financing for the project, MEES understands.
The original plan was for the contract for the construction of the $1.5bnrefinery to be awarded...
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