Energy
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$2b in Chinese Finance for Oil Iranian Refinery Construction

A Chinese investment firm is planning to invest $2 billion on the construction of an oil refinery in the northern Mazandaran Province
Iran aims to raise its refining capacity by attracting domestic and foreign investments.Iran aims to raise its refining capacity by attracting domestic and foreign investments.
Permits to build three power plants in Mazandaran with a collective cost of $37 million have been granted to German, Chinese and Austrian companies

A Chinese investment firm is set to spend $2 billion on the construction of an oil refinery in the northern Mazandaran Province, the deputy head of the province's Investment Center said.
"The Chinese company has applied for the permits and all the administrative procedures have been carried out," Mousa Qasem-Pisheh was also quoted as saying...

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