VOL. XLVII

No 19

10-May-2004

IRAN

JGC And Iranian Firm To Upgrade Arak Refinery

Japans JGC and the National Iranian Oil Engineering and Construction Company (NIOECC) have signed an agreement for the upgrading of Arak refinery, according to the National Iranian Oil Companys (NIOCs) PIN news service on 3 May. The announcement quoted NIOECC Managing Director Reza Kasaizadeh as saying that the project would increase Araks crude distillation capacity from 170,000 b/d to 250,000 b/d, with transport fuel...