Mehr Persian Gulf Petro-Refinery to Come on Stream by 2024

The construction of Mehr Persian Gulf Petro-Refinery in Hormozgan Province has registered 45% progress, the project manager said.
“The petro-refinery, which has been under construction by Iranian engineers for about three years, is expected to be launched by 2024,” Behzad Sojoudi was also quoted as saying by IRNA.
“It is estimated to cost $661 million, of which 82 million have been spent so far. Contracts for the purchase and supply of equipment have been concluded and advance payments have been made,” he added.
Sojoudi noted that the facility has been designed by local experts and engineers, and all the required equipment are supplied by domestic manufacturing companies.