Iran’s First New Refinery 40 Percent Complete, Oil Official Says
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Iran’s Persian Gulf Star refinery, under construction in the southern city of Bandar Abbas, is 40 percent complete, Deputy Oil Minister Alireza Zeighami said.
Iran expects the first phase of the refinery which has a production capacity of 120,000 barrels a day to come on stream “in the next two years,” Zeighami, who also heads the National Iranian Oil Refining and Distribution Co., told reporters in Tehran today.