Refining Projects Will Help Complete Value Chain

The Oil Ministry has prepared two sets of substantive agreements for investors regarding the construction of new refineries and the development of existing refineries, the deputy oil minister for planning said.
“The projects are in line with the need to move from crude oil sales to completing the value chain and supporting the development of downstream industries,” Houshang Falahatian was also quoted as saying by Fars News Agency said.
“We hope that by the end of the current Iranian year (March 2024), the Southern Adish Refinery in the Siraf region, with a refining capacity of 60,000 barrel per day, will be become operational,” he added.