Iran to build refineries in India & Brazil

TEHRAN, May 09 (MNA) – MD of NIORDC told reporters that Iran is negotiating to build refineries in India and Brazil.

Referring to recent talks with India and Brazil on building refineries, Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi told reporters that once the agreement is reached, Iran will provide the crude oil of the new refineries.

On the sidelines of Tehran's 20th international oil and gas exhibition Kazemi held a press conference and briefly reviewed some major achievements of Iran gas and oil industry including the replacement of liquefied fuel with gas in power plants and big industries after the surge of Iran’s gas production.

Last Iranian year (ended on 21 March 2015), on a daily basis, Iran exported nearly 3 million liters of oil products to Iraq, Kazemi said, adding that after the Iraqi demand for more oil products the figure can be increased to 10 million l/d in the current year.

Referring to Brazil’s request for reconstruction and maintenance of some of its refineries, he revealed that Iran would feed those Brazilian refineries after the deal.

He also mentioned that the Indians have also asked Iran to build them a refinery with the capacity of 400 kb/d.

Adding the 4000 kilometers of oil pipelines under construction to the existing gridlines, we would have 18000 kilometers of oil transportation lines, he said.

Kicked off on May 6, Tehran's 20th International Oil, Gas Refining and Petrochemical Exhibition ran through May 9, 2015 at the city's permanent fairgrounds.

Many world countries are using the event to secure their comeback to the Iranian market, especially after a possible nuclear deal between Tehran and the 5+1, under which sanctions will be lifted against Iran.

News Code 107082

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