Sep 24, 2003, 8:33 PM

Iran to Build Refinery in Indonesia

TEHRAN, Sept. 24 (Mehr News Agency) – Iran agreed to start an oil refinery construction in Indonesia, Reuters quoted from Lin Eriffin Takiani, the general director of the Indonesian Oil & Gas Company.

Iran has also confirmed to provide crude oil for the refinery, Reuters reported, adding that the Indonesian company pleaded a state firm, called Pertamina, to consider the possibilities of the project.

 

The report says that Indonesia has already imported 25 percent of its need for oil products; so this new project would help the country to fulfill its requirements.

 

Reuters also quoted Takiani as saying that Iran and Indonesia have agreed to work on an Iranian oil field, a claim previously denied by the Iranian Oil Minister Bijan Namdar Zangeneh.

 

ER/SRM/IS

END

MNA

News ID 1908

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