VOL. XXXVI

NO. 27

5-APRIL-1993

IRAN

Arak Refinery Start-Up Falls Behind Schedule

Start-up at the 150,000 b/d refinery at Arak will be delayed to mid-year andpossibly to the autumn, according to unnamed Iranian oil officials quoted byReuter on 30 March. The refinery had been tentatively scheduled to come onstream in April 1993.

The National Iranian Oil Company (NIOC) awarded a $1.8bn contract to Japan'sJGC Corporation and Italy's Tecnologie Progetti Lavori (TPL), the Italiansubsidiary of France's...