Middle East Economic Survey

VOL. LI

No 49

08-Dec-2008

IRAN

Irans Refining Expansion On Track To Meet Gasoline Deficit, Says FACTS

Iran has ambitious plans for expanding its oil refining capacity, and while all projects may not go ahead a number already under way will remove the need for gasoline imports, according to FACTS Global Energy Group Chairman Fereidun Fesharaki. In a late-November report circulated to private clients, he observed: Iran is embarking on a large refining expansion and...