Koreans join Total in walking away from Iran oil deals.

Tabriz Oil Refining Company is negotiating with Chinese and Russian companies for a project to upgrade the 110,000 b/d Tabriz refinery in Iran’s northwestern East Azerbaijan province.

The 26 announcement by MD Gholamreza Bagheri Dizaj suggests the demise of an August 2017 heads of agreement with Korea’s SK Engineering & Construction for a $1.9bn upgrade of Tabriz (MEES, 11 August 2017).

SK has made no announcement....