VOL. XLIV
No. 04
22-January-2001
IRAN
NIOC Awards Sinopec Contract To Upgrade Northern Refineries And Build Neka Oil Terminal
The National Iranian Oil Company (NIOC) has awarded a $150mn contract to the China Petrochemical Corporation (Sinopec) for the upgrading of its northern refineries at Tehran and Tabriz and the construction of an oil terminal at the Caspian Sea port of Neka. The work is part of a program to increase swaps of crude oil produced by Caspian littoral states for volumes of...
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