VOL. XXXVI

NO. 33

17-MAY-1993

IRAN

Iran Revises Date And Cost Of Bandar Abbas Refinery

According to Tehran Radio, both the start-up date and the cost of the BandarAbbas refinery have been revised. Tehran Radio reported on 28 April that theproject had so far cost $600mn and IR22,000mn ($13mn), and that a further $1.8bnand IR320bn ($194mn) were "expected to be spent." It also said thatthe project would be completed in early 1995. Iran signed a contract withChiyoda of Japan and Snamprogetti of Italy...