Middle East Economic Survey

VOL. LI

No 12

24-March-2008

IRAN

Iran And Indonesia Sign Refinery And Petchem MOUs

Irans President Mahmoud Ahmadinejad and Indonesias President Susilo Bambang Yudhoyono signed memorandums of understanding (MOUs) for cooperation in a refinery and a petrochemicals plant, during a visit to Tehran by an Indonesia delegation on 10-12 March. The refinery MOU confirmed changes to proposed interests in a 300,000 b/d refinery, which the two parties plan to build in Indonesia (...