VOL. XXXVI

NO. 33

17-MAY-1993

IRAN

Iran To Revamp Turkmenistan Refineries

Iran has agreed to help Turkmenistan reconstruct its two aging refineries.The agreement is part of a letter of understanding signed by Iran andTurkmenistan in early May which covers expanding trade and bilateral relations.Turkmenistan has two refineries, one on the Caspian Sea at Krasnovodsk and theother in the eastern city of Chardzhou. They have a combined capacity of 150,000b/d. Turkmenistan is currently implementing an...