Iran Looks To Tap Foreign Investment In Bid To Advance Downstream Plans

Iran is building two condensate plants and has dusted off plans for a refinery as it seeks western technology and capital once sanctions are lifted.

Iran’s Ministry of Petroleum has announced the start of civil works on the long-planned 150,000 b/d Anahita refinery in the western Kermanshah province. The ministry’s Shana news agency says the delayed project has been put back on the agenda by President...