(EnergyAsia, June 27, Wednesday) — Prevented by US trade sanctions from accessing international capital and technology to expand its domestic refining capacity, Iran said it will look to Asia to build at least five new refineries with a total capacity of 1.1 million b/d.Speaking at an oil conference in Malaysia, petroleum minister Seyed Kazem Vaziri-Hamaneh…
IRAN: Plans for refinery investments in Asia to counter US pressure
Posted on June 26, 2007 by EnergyAsia