VOL. XLVI
No 17
28-April-2003
IRAN
NIORDC Plans $800Mn Upgrade Of Arak And Bandar Abbas Refineries
The National Iranian Oil Refining and Distribution Company (NIORDC) plans to expand the capacities of the Arak and Bandar Abbas refineries in projects jointly valued at $800mn. Deputy Oil Minister Mohammad Aqaie told reporters on the sidelines of a Tehran exhibition on 20 April that the feasibility study for the Arak project was completed and awaiting the approval of the governments Higher Economic...
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