Executive operations to build the Anahita Petro-Refinery in Kermanshah Province will start within the next two months.
With a processing capacity of 150,000 barrels per day of crude oil, the facility will cost about $4 billion to complete.
Anahita Petro-Refinery is a major project in the western province. The first phase of the plant is estimated to be completed in four years.
The construction of the plant was approved in 2006, but due to several problems, including financial constraints, the project made no progress in 17 years.
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